Things like that make the image of bitcoin worse which affects the movement of bitcoin because of the negative impact for those who already believe in bitcoin become less trusting again, and besides it makes people hesitate to get involved with bitcoin.
and the development of bitcoin is growing fast and more trials will be faced, and the saying goes that the taller the tree, the stronger the wind will hit.
I think that we should know every system has it negative side too and weakness I may say, and this is what those people that are bad have seen and taking advantage of to tarnish the image of cryptocurrency which we also contributed to it too. The way we contributed to it was that we gave them so much open hand to operate by not cross checking every project that they came up with in form of scam just because we want to make quick money, and this is what we have to deal with now.
Instead if the interest of people in cryptocurrency, they are just losing interest the more because of the fear of unknown and uncertainties about the future of cryptocurrency. I wish that we could just have one of these main countries to come up with regulations as this will help a whole lot.