Is Bitcoin a scam? Will BTC price drop to 300k$BTC in the future? $BTC

Although Bitcoin is a type of cryptocurrency, many people do not fully understand this currency and confuse it with 'virtual currency'. This is an inaccurate viewpoint as you can make transactions at any time and receive cash value based on the actual value of Bitcoin at that moment. At the same time, Bitcoin operates on a decentralized open-source code, and developers can fully verify how this currency works. Because of its convenience and high level of security in e-commerce, Bitcoin is widely used not only by individuals but also by large companies around the world like Microsoft, Newegg..

However, users when transacting with Bitcoin can still be deceived because:

Bitcoin is not yet fully recognized by law and there is no legal framework to manage it. Therefore, bad actors exploit exchanges or virtual investment projects to deceive investors who have an incomplete understanding of this currency.

Cryptocurrency transactions do not identify the participating parties, stemming from the properties of security and anonymity. And hackers can exploit Bitcoin to scam other participants.