Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Has Never Been A Scam.
by
Sakanwa
on 04/06/2024, 06:57:31 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.

we all know Bitcoin is reliable and potential for legitimate use, but the government don't really see Bitcoin this way they see Bitcoin as a treat to the society. Why because their are so many platforms out there and it's something they think it's a fraud to youth's, who are investing towards it and that's why the government made Bitcoin Decentralized and not making it Centralized cause they're afraid of it. Everyone who's into Bitcoin investments knows that Bitcoin is what will need for ourselves, but their are some people who doesn't want Bitcoin to become Centralized of which they can operate with banks as well. And if they work with the banks that means they Centralized so what I mean is that we know how legitimate Bitcoin is but the government don't see it that way.