Bitcoin Has Never Been A Scam.

[Mophymac]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.
Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.

[Asiska02]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business.

Bitcoin is legitimate to us in the crypto world and to all bitcoin enthusiasts asides from those set of people that don’t want bitcoin to become legally used in the world. Despite the transparency in bitcoin and how it has helped to change the narratives of the world to some aspect, some group of people still find it unattractive and will always see it as a scam. Let those who believe in it embrace it and those that don’t should not make others feel they are trailing on the wrong path.

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.
Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.

Not all countries have actually made it legitimate to use and also seen it as a legal entity till date. The few of them that are okay with it have strict regulations imposed on its use and that has made them limited to some extent of its maximal use when looked into.

[kentrolla]

Indeed, we know the benefits of Bitcoin and how it can be used in mainstream to reduce corruption by making the transaction public about spending of government as it will give a clear-cut details of how the funds are utilizes but governments will never let this happen as they are corrupt and I am not sure if you are talking about one particular country because I don't see any signs of legalising it as they are hell bent on opposing it.

[Dunamisx]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems.

In other for more newbies to understand what is meant from this statement, they may need to read more on what the features of blockchain technologies are as part of them that guarantees for security and safety is the immutability nature of the blockchain, there are more to uncover as features for the newbies to see how this has helped in a lot of ways whereby we don't have to doubt anything concerning this technology in cryptocurrency.

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.

Another big reason why people love to hear about bitcoin is the fact that it is cheaper and faster compared to fiat and other digital currencies transactions.

[snerd]

The blockchain is the most stable, secure, and transparent ledger in existence. It’s the scumbag thieves who interact with it who are the scams and frauds.

[Mr.right85]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

As far as I can tell, regulatory bodies haven’t been much of a pro-Bitcoin up to this day and that’s mainly due to the fact that, Bitcoin is above regulations once it isn’t at the exchange level. The only way there could be some regulation to how Bitcoin operates is by regulating the CEX that exists within the system and that haven’t been archived with great success.
Hence, for regulatory bodies to be so pro-Bitcoin to the extent of encouraging and merging it into system, I don’t agree very much with that. You don’t find these people encouraging what they can’t have control over. It’s the sole reason while many nations are against it.

Also, you might be confusing Bitcoin and Blockchain technology. I think the blockchain technology is the one thing you might have talked more about in your thread given that, it’s one way to ensure proper ledger arrangement and tracing, which is verifiable by everyone and anyone around the world. This also isn’t peculiar to Bitcoin as the technology have been applied in various fields for its reliable and ease to data collection, reproducibility and verifiable model.

[SATWAT]

The blockchain is the most stable, secure, and transparent ledger in existence. It’s the scumbag thieves who interact with it who are the scams and frauds.

Most of the developing world countries are not interested in this with they are feeling not secure as this can bring transparency, and they could be not able to do corruption which is the biggest way of their income and securing their children's future in developed countries.

Developed countries are happy to have things like these because they think about their peoples and better things for improving their life, which is not favorable in our third world.

[btc_angela]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

Although it is written in the blockchain and can't be altered, there is no name attached to it and that's why government and regulatory bodies are somewhat very hard on us because they think that bitcoin is being used by criminals to hide their identity.

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.
Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.

It's not instant payment though, that's why most online merchants are not accepting it. And then we have the volatility as well as big factor. And in the last year, we have problems like high fees as some groups are trying to exploit the code make their BRC20 and Runes clogging the network.

[dunfida]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.
Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.

If it was a scam in the first place, it wont really be able to reach out this particular moment or condition on what we are seeing now. The only scams is into those hyips/ponzis or simply those scams that lurking around
on which they are really that trying out to make use of Bitcoins main advantages like being anonymous and non reversible trait on which is why it would really be that commonly be connected with those frauds
because those scammers could really be able to get out without being traced. Well, even if we do tend to look on how its been that called or whatever it would be neither be a scam,.fraud thing,
but still it is really that standing strong despite of those issues or whatever things that been connected to it.

We are still on that adoption and recognition period on which only a few percentage of world population does know about Bitcoins existence. Sooner or later
when we are really that heading into that point that it would really be that recognized by all.

[Faisal2202]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

They are not merging Bitcoin into their systems, they are emerging Blockchain technology into their system, because Blockchain is the one that keeps the record of all the transactions, not the BTC. So, saying that a country that has banned BTC and crypto does not mean they can't use blockchain technology. Our government has banned crypto but they initiated a project to implement blockchain technology in a bank you can find the news on Google.

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.
Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.

Nah, not every country or company is happy to use it, in countries where its not legal, so no legal rights, I was reading that out of 185 countries around 54 maybe have not allowed crypto (banned crypto). So considering the ban ratio with legal ones, I think these 54 or around it, are the dumb ones, they should really have accepted crypto otherwise they will be late in the race, and the later they will start the more late they will arrive at the destination.

[Belarge]

Indeed, we know the benefits of Bitcoin and how it can be used in mainstream to reduce corruption by making the transaction public about spending of government as it will give a clear-cut details of how the funds are utilizes but governments will never let this happen as they are corrupt and I am not sure if you are talking about one particular country because I don't see any signs of legalising it as they are hell bent on opposing it.

The benefits of bitcoin is located and sighted everywhere. The government do have a hand in it, they're in control of the system and will do everything within their capacity to ensure they're in full control of the activities related to the space. Bitcoin is ranked first when it comes to cryptocurrency, it's been in existence and have generated quite heavy traffic in the space. Bitcoin is no scam and it have been the major source of income in our space.

[Furious 7]

Actually, the basis that bitcoin is said to be a fraud occurs as a result of some irresponsible people with actions that try to make deception in order to make victims deposit or give their bitcoin and that is certainly the case but this is not the fault of bitcoin because in the end bitcoin is only an object or tool not as a fraudster because after all when someone is in a condition that is indeed in something profitable like bitcoin then there will certainly be ways to get more including dirty ways like this but once bitcoin is an object or tool not as the main role.

In addition, sometimes many beginners also try something that is not well thought out so that when they are in bitcoin because of some influencers or because of instinct and trade on their will they lose or invest but panic when the price of bitcoin weakens because of the correction that also makes bitcoin a scam but here the wrong thing is not bitcoin in the end because it happens because those who really hope for instant profit continue to exist but do not understand the risks that will be owned.
So it's quite funny to keep saying this as a scam when the wrong is us in the end who don't see the overall risk.

[Agbamoni]

People misunderstood the technology, and they feel Bitcoin is a scam. Which if they get to understand it, they would find out that it is the people who uses Bitcoin to scam others of their hard-earned money. Since a verified wallet can have accept huge sum of money in Bitcoin online fraudsters are using it as a means to embezzle and scam huge sum of money.

I think so many people are using Bitcoin for the wrong reason. Most are using it as a safety net to fight inflation and store value. While some are thinking investing in it would make them rich overnight. The reason for the existence of Bitcoin is written in the whitepaper it shouldn't be modified when it's not updated on the official website.

[Felicity_Tide]

There are so many attributes we can classify with Bitcoin including it's better opportunities in the world of finance. With the introduction of Bitcoin, transparency has become a topic in the world of finance. What makes most of us like Bitcoin is because Bitcoin is not backed by the government or world bank, which means it's never affected by monetary policy and inflation rate.

The Bitcoin security was well designed by Satoshi. Allowing every validated transaction to be evenly broadcast on all nodes, which means everyone (node), sees the transaction and permits it. Distributing of transactions on the Bitcoin network has made it very difficult for attackers to penetrate.

Bitcoin is reliable for transactions, but sometimes it might be difficult due to congestion, but I think the LN got you covered if you know how to use it. A system of saving (investment) is a general practice even on Bitcointalk. We all accumulate Bitcoin in form of investment, some for long term, while others for short term.

I don't think companies are investing for the financial stability you mentioned which I find confusing, but  I think that they are investing heavily due to what Bitcoin have to offer in the future, and that's massive profits for all investors.

[seoincorporation]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.

As you mention, the transactions are public information but what makes people trust bitcoin is the fact that it's an open-source project. We can trust in the source code and we know it will not have a weird move in the future that could affect the users.

Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.

What financial stability?

Which companies are happy?

What legal rights?

In what country?

Lol, that last sentence from OP makes my brain melt 

[btc78]

Bitcoin’s public blockchain technology is a new concept that not a lot of people fully understand. This is why they think bitcoin is a scam, they don’t know how to use bitcoin. They think bitcoin is nothing but a profit making scam and if they don’t get double their investment in a short amount if time then it’s useless. We just need to inform and educate more people about bitcoin and its features.

[Ryu_Ar1]

People misunderstood the technology, and they feel Bitcoin is a scam. Which if they get to understand it, they would find out that it is the people who uses Bitcoin to scam others of their hard-earned money. Since a verified wallet can have accept huge sum of money in Bitcoin online fraudsters are using it as a means to embezzle and scam huge sum of money.

For this kind of thing, it goes back to some media that always gives bitcoin as something negative which ultimately changes the stigma for ordinary people that bitcoin is a tool to damage in the end without them looking further because the media always gives unfavorable statements in the news that occurs for bitcoin.

In addition, the truth is that those who still say bitcoin as something bad happens because they are reluctant to find out more and only see the outside without wanting to know what it is like inside that makes bitcoin will be considered a scam even though they do not understand and do not know what bitcoin is and what the function of bitcoin is because they only think that because they dont know how bitcoin works but if in the end they have tried to be in bitcoin and learn well then I can guarantee that their views will change .

[Sandra_hakeem]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

Sorry for being an ass, but I actually thought this was about you sharing out your own personal experience on why and what made you affirmed that bitcoin hasn't scammed anyone just yet? But that's quite different with what you did; This is just a repetition of the same old fact that we've known over and over again.

I haven't heard and confirmed of any recorded case of a major rug pull on the bitcoin ecosystem. It's been over a decade and, nothing has changed pretty much. I sometimes got confronted by some curious minds with a bunch of alleged news about Bitcoin's fake existence. All i do is laugh at them!

[Renampun]

The transparency of Bitcoin transactions, due to the blockchain, ensures that all movements of the currency are unique and verifiable, reducing the risk of fraud in systems. Regulatory bodies and financial institutions are increasingly encouraging and merging Bitcoin into their systems, indicating how reliable  and potential for legitimate use in the business .

Bitcoin is reliable for easy transaction, it is a system way of saving, it is transparent in trading.
Due to its unique financial stability companies are happy to use it in the legitimate ecosystem due to its legal rights in the country.

Blockchain technology which is the ID behind Bitcoin is one of the great discoveries where all transactions created cannot be obscured and hidden, in fact everything is publicly open and can be seen by many people even throughout the world. Those who think Bitcoin is a scam are just a group of people who feel their business is threatened by the existence of Bitcoin, this is like a heart disease for them, one of whom is Warren Buffet.

[kotajikikox]

The level of transparency in addition to its decentralized nature is everything the government does not want. We all know the government can’t afford to spill everything into the public. They keep things private. Even some banks they have these fees you don’t know where they came from. So they hate bitcoin because they can no longer earn from being an intermediary between people.