Post
Topic
Board Bitcoin Discussion
Re: How can we stop bitcoin scammers?
by
CryptopreneurBrainboss
on 02/11/2020, 08:35:46 UTC
I have noticed and we are all aware that so many people do complain that they were scammed through bitcoin. In every problem there is always a solution. How can we identify when a scammer is trying to scam.Let their be a strong system In such a way that scammers won’t be able to penetrate in. And can we pay more attention when someone complain about scammers.

First and foremost, any market that hasn't been regulated is likely to be a target for scammers since they're sure they'll make way with what ever stunt they're able to pull off. Bitcoin isn't centralized so irrespective of what the scammer make way with there're zero chances of the victim getting back their funds. Any system that'll be set up would be going against the concept of the technology which is focused on decentralization.

We're on our own basically as our finances are in our hands therefore we're entitled to what ever decision we take in safeguarding our investment. The only solution we can give to this ongoing issue is to stay vigilant and avoid chasing after the hype of new trends as the chances of scammers taking advantage of them are high.

Stick to investing in bitcoin, learn and understand the importance of securing your wallet and using service that let you be in control of your funds.