Bitcoin News
By Ayobami Abiola
1 / 8
Old BTC holders and enthusiasts who have seen many bitcoin seasons know how to do thorough due diligence, so they do not fall for crypto scams often.
2 / 8
Graeme Garioch, the winner of 101,000 Euros in a 2007, Channel 4 Deal or No Deal show, was a victim of crypto scam ads on Facebook.
3 / 8
It has only been few weeks ago when Top people’s twitter accounts were hacked and BTC worth hundreds of thousands of dollars were scooped via scam posts from the accounts.
4 / 8
Micheal O’Leary, the CEO of Ryanair and one of Ireland’s Wealthiest businessmen, denounced Bitcoin and advised people to stay away from it.
5 / 8
These are only very few cases of scams related to Bitcoins reported daily. Scammers find it easy to steal people’s bitcoins because remittances made via BTC cannot be traced.
6 / 8
But on the flip side, many people and businesses have profited immensely from the advantages of Bitcoin to the world’s financial Technology.
7 / 8
"Bitcoin is not drugs and guns, good brains have better uses for it. Forget the bad actors – Look at good things happening with BTC."
8 / 8
Bitcoin is a tool in the hands of people, just like fiat can do nothing on its own. People have a total control over their BTC beyond what they can do with fiats in bank.
The Currency Analytics
Want the full story?