Is Bitcoin (cryptocurrency) a scam?

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cdtm
Been looking into how one actually sells bitcoins..

It's not easy. You can't go to the bank and convert your billion dollar hoard into cash.

The only way out, seems to be market places, auctions and such. All which have fee's attached to them.

Or you could trade person to person...

The point is, this seems more a commodity then a currency, and any commidity is only worth as much as someone else is willing to pay. You could be sitting on a theoretical fortune for years without finding a buyer. (Or forever)

Nibedicus

Rage.Of.Olympus
It is not a scam. I am heavily invested in cryptocurrencies (Approximately 45% with 45% of that in Bitcoin and the rest distributed between NEOS and other altcoins).

Like any early-technology, BTC has a lot of issues that will only be solved over time such as high transaction fees etc. As more of the general public enters the market, more issues will arise but they will be solved. Blockchain technology isn't going anywhere, and I believe smart contracts are the future.

Just be wary, don't invest what you aren't willing to lose and don't be swayed by volatility or FUD.

Nibedicus

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