Bitcoin has been around since 2008, but it’s still in its infancy. That means a lack of regulation, fraud, ponzi schemes, and more. The Bitcoin industry has it all, making it the new Wild West. Digital gold is hiding “just beneath the surface,” waiting for those opportunistic, innovative and brave enough to test these uncharted territories. So what can you expect to encounter in this new frontier as one of the early pioneers?
When you take your first step into the bitcoin industry, it can feel like you’ve entered the 2015 Doc and Marty visited in “Back to the Future”. This new digital currency has big promises, from reducing international wage payment fees and delays (like what we do at Bitwage) to providing banking services to the 2.5 billion people who are financially underserved.
http://www.forbes.com/sites/jonathanchester/2016/03/16/dealing-with-fraud-in-the-bitcoin-world/#7c19de6a1b40
