Data Snapshot: Is Cryptocurrency a Scam?

The first decentralized cryptocurrency, Bitcoin, was released as open-source software in 2009. Since then, more than 4,000 cryptocurrencies have emerged. The benefits of the idea are obvious: cryptocurrency offers super-b and secure financial transactions, and is not chained to any central banking systems. But the need for a new form of money isn’t being echoed … Read full-story

Survey: 44% of People Think Bitcoin Is a Scam

Bitcoin prices plunged this week, fanning fears about whether cryptocurrency is more than just a passing fad. And indeed, skepticism around digital currency seems to be a popular view these days — according to the latest reading of an ongoing query by Comparably, 44% of people say they feel cryptocurrency is a scam. More than 1,000 people, predominantly across the … Read full-story