Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Has Never Been A Scam.
by
peter0425
on 31/05/2024, 23:10:05 UTC

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .
The blockchain technology is a breakthrough in technology and it has proved itself to be effective and reliable. Transparency is part of its feature which a lot of systems will benefit from having. Unfortunately as long as the government remains against bitcoin, they will never implement blockchains technology even if it is the way to advancing the technology. We are in digital age so we need to keep up and use appropriate technology.