In my country Someone bought a BMW Car by scamming in crypto transections and Police arrested him and told that the guy was a cheater and he was a crypto scammer.And this case is now the most viral topic.This incident shocked the whole country and also the Central bank authority about how he got this huge money and this incident put a bad impact in crypto.
that is not the expert scammer because he don't know how to handle the funds from His scam activities lol.
imagine buying BMW upront ? that is not a good idea lol.
I think Digital Currency like Crypto isn't getting much popularity because of these Scammers.They are one of the most strong reason why Government's aren't showing interest on Crypto Transections.
lol it is become more popular because of this kind of issue because Good or Bad publicity is still a publicity and this only helps increasing the search for Bitcoin .
Sometimes, it makes me wonder how ironic it is. As long as its still a publicity, it will certainly call out the interest of the people to know it more better. And yes, Bitcoin has been involved in numerous scamming that makes the government more pessimistic about it. But i know the real reason why they keep on banning bitcoin is to protect their fiat. Bitcoin has already created a borderless transactions in most of the countries even with restrictions along, so how much more if bitcoin will be accepted by the government by then? Probably that will be the time wherein fiat will start to lose its value because more and more people are starting to find convenience in bitcoin from an investment down to a legal currency.