Bitcoin Is Not a Scam.

in #cryptocurrency6 years ago

News Today

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Bitcoin is occasionally portraited in traditional media as a scam that simply tricks investors into a false narrative of them getting rich quick. Media outlets often compare bitcoin to the tulip mania of 1634, implying that bitcoin itself has no value whatsoever. This is obviously not ideal for the entire crypto-space as people from the general public who have no existing knowledge on the subject might just blindly believe what the media says. Today, however, Yahoo Finance released a video on the subject of “Is Bitcoin A Scam” in which the answer clearly is no.

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