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09 Sep 2025

Why Everyone’s Buying Bitcoin: Because… What Else?

Why Everyone’s Buying Bitcoin: Because… What Else?Is Bitcoin fraud? Short answer: no. Bitcoin itself is not a scam — it’s just code running on a decentralized blockchain. It’s open, transparent, and anyone can verify the transactions. But here’s the catch: scams happen around Bitcoin. Fake exchanges, Ponzi schemes, pump-and-dump groups — they all love using Bitcoin because once you send it, there’s no refund button. That doesn’t make Bitcoin fraud any more than saying the dollar is fraud because someone ran a counterfeit money scam. The real risk is volatility. The price can skyrocket or crash overnight, and if you don’t understand the risks, you can lose big. So, Bitcoin? Not fraud. But the hype, the scams, and the get-rich-quick promises? That’s where the danger lies. Like, subscribe, and let me know in the comments â€

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