Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin a scam
by
Reatim
on 25/03/2024, 21:19:56 UTC
Let them think what they want to; if they think Bitcoin is a scam, it doesn't make any difference for Bitcoin. Bitcoin has already proven what's in it; those who want to call it a it a Bitcoin scam don't really know how a decentralised currency works. Bitcoin wasn't created to make us rich; it was a p2p decentralised cryptocurrency to make a solution for a borderless payment system without a third party. How would Bitcoin be scammed when it wasn't controlled by anyone? Due to a lack of proper knowledge, a few people think Bitcoin is a is a scam. We aren't concerned about it. 
If Bitcoin were to be a scam how can it be so that Bitcoin has developed this much from 2009 till date. I think those who thinks Bitcoin is a scam has little or no idea about Bitcoin.

If Bitcoin is a scam how was the scam meant to go? The adopters of Bitcoin is on the rise even countries like El Salvador are benefiting greatly from Bitcoin.

Good point out mate!

I think lots of people associate bitcoin to those projects who
rugpull. I have heard lots of people fall victim to new projects
and then they give their money they receive a few profit
and then suddenly the developers will run. The thing about bitcoin
is that even though technically the creator of it is nowhere to be found
it is still functioning perfectly and exceptionally well may I add.

The people who do not want to adapt bitcoin are just heavily misinformed.
There is nothing much we can do about this but give them the proper
knowledge. Maybe they think that bitcoin is too good to be true but
that is why we should tell them that there are still risks so as to not
paint the picture of a too good to be true kind of project because it is not