The idea that scammers earn money with bitcoin is just utter hogwash. Criminals will find ways to scam using any means of value they can.
The reason you’re hearing about scammers using bitcoin now is just a testament to how many people are waking up to the value of Bitcoin rising in popularity.
Bitcoin is just a currency that is scapegoated by those who do not understand what this currency really is. All valuable asset will suffer the same and this is just an option used by scammers to profit from asset that have value. I think those people have the wrong understanding about bitcoin all along if they think bitcoin has scammed them because of ponzi investment and other scams.
Scammers are always smart to use anything of value and popularity to commit fraud, including utilizing Bitcoin which is indeed increasing in popularity.
Moreover, it must be admitted that there are still very many people who do not understand Bitcoin properly, this is what scammers eventually use to
try to find loopholes by running a ponzi scheme. Especially newbies who lack knowledge are very vulnerable to being victims of fraud.
So don't immediately accuse Bitcoin of being a scam if there are reports that say investors lost money after making a deposit on certain platforms.
It is purely the fault of investors who are not careful in choosing platforms for investment, and still think Bitcoin can provide huge profits instantly.
The conclusion is to avoid fraud in the crypto world, study the crypto world correctly, because having knowledge will allow us to know how the crypto
world works.
