Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Has Never Been A Scam.
by
oktana
on 31/05/2024, 23:24:10 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 .
It doesn’t just reduce the risk of fraud, it removes it. Because you can’t add wrongly, edit or delete data from the blockchain.

Quote
Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.
Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.
I am not sure I’ll say for easy transactions, instead I’d say it’s best for money you wish to be managed and controlled by yourself alone. Also, It’s a currency, saving is a choice. But it wasn’t designed to be used for savings.