- Written by: The Merkle
- Category: Digital Currency
- Hits: 5501
Cybercriminals don’t take any breaks and now that Bitcoins are so popular, the perpetrators of Bitcoin scams are getting more and more creative.
2017 promises to be the best year ever for Bitcoin, after the cryptocurrency set some major milestones in 2016. The uncertainties surrounding its future keeps some users awake at night, but there are other perils that people should be aware of. Bitcoin scams are not exactly a novelty, but the cyber criminals are more motivated today when the crypto’s price hit new highs. Their creativity knows no boundaries and they come up with increasingly bold ways of stealing the coveted currency.
- Written by: The Merkle
- Category: Digital Currency
- Hits: 4895
Some people don’t see the point in using bitcoin, especially not when cash is readily available. While it is true cash transactions allow consumers to remain somewhat anonymous, it isn’t a perfect financial tool by any means There are quite a few reasons why people would use bitcoin rather than cash, although some of these “practices” may be considered controversial.