The fraud that is existing with the use of fiat financial system is more severe than that of the one found in bitcoin, yet they have nothing to do about the way people loot finances in local currencies but have to concentrate on bitcoin, scam is what we should understand to be everywhere, because people can engage the use of any illegal means to make sure they acquire financial wealth, but with the use of bitcoin and the open distributed ledger, bitcoin should be seen as a more trusted digital currency.

Ignorance and unwillingness to learn new things are the main reasons why many people still mistakenly believe bitcoin is a scam, not necessarily all because of the government. Because if governments are still hostile to bitcoin, still want people to stay away from bitcoin, then we won't see bitcoin ETFs approved or more governments making it legal.

In my country, bitcoin is not yet legal but it is not banned, we can still freely use it according to our preferences. But many people around me still think that bitcoin is a scam, that's because they hear scam stories from ponzi projects that use bitcoin as a payment method. If they take the time to learn, they will realize that the creators of those projects are all scammers, bitcoin itself is just one of many assets that they use to commit fraud. IMO, ignorance is the leading cause of these misunderstandings.

From the very beginning of Bitcoin, it has become transparent to everyone, and Bitcoin has not hidden anything; in fact, for more than a decade, we will still see those who started transactions in Bitcoin via the blockchain network that it has until now.

And apart from that, it also saw potential in its other features, which is that it has a decentralized-based system that no one can control, and Bitcoin has upheld that, where even if you are the strongest country, it can't be controlled, and Bitcoin really proved that, so it's not really a scam, but bitcoin is just used as a tool to scam people, so it's different from being a scammer, because if someone is scammed, it means there is a scammer and is not human instead, digital currency.

I am not sure that what country you are talking about, the legal rights of the currency are still a question in many of them. Some countries have legalized it, some have regulations for it, and some are still confused, there are no specific laws regarding cryptocurrencies in most countries even though people from there are still involved because Bitcoin has almost reached every corner of the world by now, almost.

People or organizations or governments that don't have any knowledge about Bitcoin might think it can be a scam because they don't know what it is and how it operates. I don't see how a system running by itself not having any central authority or person involved can be a scam, especially when it has been around for so long.

The developed countries are also fighting against bitcoin very serious. And everyone see bitcoin from different way. Bitcoin is very much legit in the cryptocurrency community and not foe countries. If bitcoin was legit foe them they wouldn't fight against the digital currency but make some regulations to so that cryptocurrency centralized exchanges will obey their policies and operate in the country to facilitate trading and transaction buy opposite is the case. My country has blocked almost all the cryptocurrency p2p companies.

And I don't know why? And if they know that cryptocurrency is a legitimate digital currency then they would have supported it with currencies so that things can develop fast but they against it

This is quite reasonable because most are still unfamiliar with bitcoin so they will consider this a scam because they don't understand how it works and I think for now we are required to change the image of bitcoin in the eyes of ordinary people.
Until now, media coverage is also still only focused on some news that results in bitcoin being viewed negatively such as about bitcoin which can indeed be used as a criminal tool or indeed environmental damage which continues to always be as if this is continuing to happen for bitcoin which makes ordinary people will definitely have a stigma that bitcoin is a bad thing so in this case our job is to provide an understanding if indeed they need clarity about bitcoin because indeed a stigma like this will continue to spread if it is not straightened out from the start.

Bitcoin is always seen as bad for those who have special needs in their fields, laymen and those who depend on others in investment so that when bitcoin undergoes correction they will definitely consider this a scam but in the end we can understand that for those who are laymen and those who only follow others to invest or be in bitcoin means that they still need more explanation about what bitcoin is.

Bitcoin and just like any other currencies are the ones being used by the scammers. While the noncoiners would think that it's the actual Bitcoin which is a scam.

No, it's those people that takes advantage of those that lack knowledge about it. They're the ones that are using it for their scamming activities.

But we can't please everyone even if we've been with Bitcoin for several years, if they are close minded people, they'll always will be.

The blockchain technology is a breakthrough in technology and it has proved itself to be effective and reliable. Transparency is part of its feature which a lot of systems will benefit from having. Unfortunately as long as the government remains against bitcoin, they will never implement blockchains technology even if it is the way to advancing the technology. We are in digital age so we need to keep up and use appropriate technology.

This is the first time I've seen a post like this, Bitcoin can't be a fraud. Bitcoin is the king of coins in my opinion. try to pay attention to the market now, if the price of bitcoin goes up it will have an effect on other coins, likewise if bitcoin goes down it will also have an effect on other coins so is it possible that bitcoin is a scam that doesn't make sense.