Post
Topic
Board Bitcoin Discussion
Re: Statement against people who say Bitcoin is a Scam
by
haikalfahmi
on 23/10/2019, 14:06:51 UTC
A scam is a conscious attempt to deprive people of something valuable (usually, money). When Satoshi created Bitcoin, I don't think that what this person had in mind was robbing people. And I think most people would agree about it. Bitcoin was not even a commercial project or something, not was it an investment opportunity. It was a kind of money people would be able to use without involving intermediaries or supporting certain countries by using their money. If people buy Bitcoin and then sell it when the price goes down and then call it a scam, I think it's their own misunderstanding of what Bitcoin is for and how it works, they should not blame Bitcoin for that.
as you said, maybe because bitcoin is a type of money that people can use without involving intermediaries or supporting certain countries using their money. it causes people not to trust bitcoin too much. for example if I'm not mistaken in 2017 or 2018 (correct me if I'm wrong) there is news about regulatory issues in a country and at that time the price of bitcoin is down.