Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Has Never Been A Scam.
by
redsun114
on 01/06/2024, 18:18:04 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 .

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.
well said, I'm not sure if until now others still think of bitcoin as a scam, but now more people are interested in trading and investing in crypto, especially since bitcoin has proven its financial stability in the past years, Maybe it's better to educate others when it comes to this matter because there are a few people who thinks negative when they hear the word bitcoin, because the word scam, pyramid scheme, deepweb and other illegal things related to money are attached to it and investment.
For sure there are still people who are negative, un-openminded , and un-explorable to think that BTC is a scam. BTC is stable in a way that it's not collapsing hard and can always recover but not stable because of its active price fluctuations. If you have plenty of time, patience and other resources... you can proceed with your plans on educating the people towards it.

It is not necessary anyway but I can only wish you a good luck for that. Before BTC, the negative words you listed there are already there, so they should not point it all towards BTC. The same when they say that BTC is damaging the environment. That's a ridiculous excuse.