Quote from: 0t3p0t on June 02, 2024, 08:31:20 AM

Quote from: Mophymac on May 30, 2024, 04:43:47 PM

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.

Only people with little to no knowledge about it will think Bitcoin is fraud and scam. Bitcoin is just a tool that scammers use to trick innocent people. It is a tool we can utilize to make gains. Financial institutions, billionaires and professional investors even trusted Bitcoin as one of their asset. If Bitcoin is a scam then why it is one of the most valuable asset to date?

actually those people that tries to call bitcoin is scam are either that they are those who lose in investment
because of their own stupidity or others that trying to put the price down for their benefits having cheaper investments.
this have happened many times before that even whales are trying to make people worry and sell so the value will drop
and they can purchase in very cheap capital.

actually this is what it says completely .

Quote

Bitcoin is a digital currency that operates on a decentralized network of computers. It is not a scam in itself, but it is often used by scammers and cybercriminals to lure people into fraudulent schemes and attacks. Bitcoin and cryptocurrency-related scams and cyberattacks have increased significantly in the past year1. Scammers may offer to help you invest in cryptocurrency, guarantee high returns, or impersonate legitimate companies21. If you send them money or crypto, you will likely lose it and not get it back2.

https://www.bing.com/search?q=bitcoin+is+scam&cvid=248d6ffa5caf4bb5836be02001150708&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQABhAMgYIAhAAGEAyBggDEAAYQDIGCAQQABhAMgYIBRAAGEAyBggGEAAYQDIGCAcQABhAMgYICBAAGEDSAQgyOTU5ajBqMagCALACAA&FORM=ANAB01&PC=U531

if we are aware of what we are entering then we knew this is not a scam.