Post
Topic
Board Bitcoin Discussion
Re: BitCoin Scamming Business is Booming!
by
bryant.coleman
on 03/09/2014, 17:10:08 UTC
People feel scammed by this fiat system, some are too pissed and end up scamming other people   Undecided

Scams are everywhere that is the bottom line!

May be. But scammers can take advantage of Bitcoin. For example, it is much easier to scam people using Bitcoins and at the same time it is outright impossible to track the perpetrators. This will slow down the public adoption of Bitcoin. For example, a lot of people use Paypal, despite its insanely high charges. If they could be convinced that using Bitcoin is as safe as Paypal, then a lot of them will immediately shift to the crypto currency.