If you think there is not any hackers, thieves, scammers, outside bitcoin, then you are fully wrong. When it's time of money scammers are everywhere, even in offices. In this case I don't advice you to go in any hackers place i think you could get a heart attack.
Don't understand why you would include Protestants in your title? are you catholic or atheist?
Here's a reason for you ...
"For the love of money is a root of all sorts of evil"
Maybe he wanted to say "Protesters" ? Me too i didn't understant the need to include a religion community

Lack of regulation. Also because it is a small market under the radar of govts, which makes it an ideal ground for criminals to work. They avoid the more eyecatching asset markets because they don't want to draw attention to themselves. Bitcoin is perfect for them because it has a lot of idealists, and a lot of young people who haven't had any experience of being scammed and are perfect marks.
There are regulations (outside bitcoin) and still now it doesn't stop scammers from what i see