It's so funny that at this stage and century , some people still believe that Bitcoin is a scam after it has proven itself over and over which has led to it's massive adoption.
If anyone still thinks Bitcoin is a scam and depending only on fiat currencies then he or she is a slave to fiat system and believe it or not Fiat is brain rot.
There are so many things these peoples must understand to know why they are really a slave to the fiat system.
You will be cheated just because you don't know any basics when involved in investing and the fraud occurs because you don't understand what you are doing. Fraud involves individuals and it occurs because of your own mistakes in not being able to assess the level of truth that is produced. Bitcoin does not have the ability to deceive if it is not driven by people, that means fraud does not involve Bitcoin implicitly, but rather people who try to use Bitcoin to deceive you, me and other people.
You and anyone else must learn how to recognize the concept of fraud that people carry out and their habits are influenced by the desire to gain big profits in the wrong way. Never fall for the promises of big returns that people offer because you can try investing or trading on your own.