I watch a popular breakfast show every morning and they always have a section where they talk about money matters. Yesterday, they talked about Crypto currencies and the guest mentioned several Ponzi schemes where Bitcoin was used as a payment option.
These Ponzi schemes collapsed and according to him ....many people lost money in Bitcoin. They have a WhatsApp group for the program and I immediately corrected that statement, because people did not lose money in Bitcoin.... they lost money in a Ponzi scheme that used Bitcoin as a payment option.
Now, this does not sound very important, but it actually are one of the most critical things that needs to be addressed. We should counter all of these misinformed people, with education on what Bitcoin is, because they lose money on Ponzi schemes and then they blame it on Bitcoin.
Agreed, BTC takes the blows to the uneducated. It was and is certainly used to carry out many schemes, but arguably so is USD and every other form of currency pretty much, and those deal types in cold hard cash aren't able to be tracked. Bitcoin leaves a bit trail! I mean there are ways to be more anonymous though mixers and the likes but there is always a way to trace back, correct me if I'm wrong here.