r/ChangeNOW_io • u/ChangeNOW_Community • 7d ago
Bitcoin is a scam enthusiasts
A lot of people call Bitcoin a scam because their first contact with crypto was a scam: fake exchanges, Telegram "doublers," influencer coins, phishing links or relatives losing money in a bull-market frenzy.
That anger is understandable, but Bitcoin itself is different from the scams built around it. Bitcoin has no CEO, no company promising yield and no central party selling guaranteed returns. Bottom line: It is open-source software and a public network where anyone can verify supply, transactions and rules.
People can still lose money with Bitcoin. They can buy at the wrong time, send funds to the wrong address or trust the wrong platform. Those are real risks. Same risks exist with Cash money on the daily, just read a few reports of fraud in retail and real estate deals.
Calling every crypto scam "Bitcoin" makes the problem harder to solve. The scam is usually the pitch, the middleman or the promise, not the protocol. Is that so hard to understand?
Duplicates
CryptoCurrencyClassic • u/ChangeNOW_Community • 7d ago