Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Has Never Been A Scam.
by
Cryptomultiplier
on 01/06/2024, 10:18:46 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 .
I think Bitcoin being transparent is when it allowed regulatory bodies to look into and monitor its systems to check if it is reliable and efficient as it claims to be and also when it was successful with its algorithms before and after halving and with the forks and initiatives that includes the spot ETF approval for large investors and corporate bodies with big portfolio of investment.

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.
Agreeably so, because of its consistent effort to ease international transfers with as much affordable fees than would have normally come off as expensive from normal bank transfers.