Isn't scammers a huge stopper to the internet (Bitcoin)

[jakelyson]

We have to admit that in 2017, scams are very rampant in the crypto space because of scam ICOs. This puts a bad reputation to every crypto ICO affecting not only altcoins but including bitcoin.

But we also have to consider that scams are not limited in the crypto space but part of any industry. Saying so, the problem is not in crypto or bitcoin but with gullible and greedy individuals who easily get fooled by scams. The solution lies in the proper education of how cryptocurrency works and how to spot scam investments.

Even with rampant scams online, I doubt it will be enough to stop bitcoin from prospering.

[Muzika]

Cryptocurrency is just a material for their illegal works, just like scams and networking outside they uses different materials for their illegal works so we should not blame the crypto for the loss of people's investments and dont throw the blame to the people because they are also the victim the best thing to do is to share every scam project that we may encounter to prevent the further damage to the people.

[pooya87]

scams have been happening for as long as the human race existed and laziness was a part of its nature. probably in stone ages when man found fire, someone scammed him and stole his fire too! but scams have never stopped anything because they only target a certain types of people, the idiots who believe anything. and they only shape up a small part of any community.

in fact if cryptocurrency would need to attract more people in order to reach mass adoption and maybe become worldwide (while still prioritizing its values in that case decentralization among others), it will be a requirement to have a secure place.

being secure is not about whether someone pulled a scam or not, it is about how easy it was to pull that scam. for example being secure for bitcoin means whether you can steal someone else's bitcoin from their wallet not whether it is easy to fool them into giving it to you.

[rijaljun]

I don't think it can completely erase scammers. There are few types of scammers, some of them are just too lazy to learn new things and others are always following the technology. Lazy scammers will eventually be deleted from this space by blockchain technology but the rest of them, the ones who always improving their skills would still be exist forever. I admit that with the development of blockchain technology, there will be less scammers. But it doesn't happen now, perhaps in the future.

[niisarearning]

Since internet discovery and the anonymity it provided scams started popping everywhere on the web and became something that we are used to and encounter more often than we would notice. with time we became more aware and started watching our step to avoid them as we noticed with soreness that there is nothing one can about it by itself, but here we are, cryptocurrencies got created and spread on the web easing people's life with its smooth and useful features and here we are again riding the same wave the scammer but this time there is big at stake, as this could prevent a whole industry to blossom and reach it real potential. if we look at it having in mind the perspective that crypto is bond with the internet then there will be really big challenge to make this place more secure where even the naive one could carry on with their business. in fact if cryptocurrency would need to attract more people in order to reach mass adoption and maybe become worldwide (while still prioritizing its values in that case decentralization among others), it will be a requirement to have a secure place. but challenges are made to be taken and maybe cryptocurrency will bring solutions for old issue like scams

First of all bitcoin is the solution for scam happening in remittance industry it was the solution . Scams not only in crypto currency or bitcoin it was there in much regulated equity or futures stock exchange I witnessed lots in there . Hope there will be solution in future as you said .

[maxreish]

Internet exists or not, scammers are everywhere. Surprisingly, they are really very wise on how to fraud people just for their own benefits. Cryptocurrency is really famous nowadays, that is why they entered this kind of thing, too. We cannot stopped them and they are not the reason to stop the internet. The only thing we have to do to prevent scammers is to be vigilant enough, not to easily allowed ourself in unsure crypto-related projects.

[electronicash]

its all there even when bitcoin weren't created yet. the worse paypal scam i've encounter resulted to have a negative -$11k in my paypal account. tracked down a scammer from another country which involve a fellow countrymen too. can't say bitcoin made it worse but they are very technical these days and bulgar too that they can even threaten you. internet still goes on even after all these scams. nothing stops.

[okala]

Right from time immemorial scamming have been I'm existence just that the coming of the internet made scamming across borders easy because they can make contact with victims any where in the world because the internet made the world a global village. And cryptocurrency as the currency of the internet is the currency which scammers fine very easy to steal because of it anonymous nature and this is what have given cryptocurrency the bad image we are seeing today.

[ethereumhunter]

We already saw that in the cryptocurrency, there is a big number of scammers that is ready to steal other people money. We already know and maybe read the bad news about scamming other people by using one or two programs, but some scammers use a project to attract the investor so they can get bigger deposit which they can use it and run away from the investor. So we need to be careful if we want to join in one or many projects and make sure that we know how good the project.