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By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Well, of course there is a downside as we mentioned that those programs are scams, or at least turn into scams sooner or later. They take various cuts from news publications & Mel Gibson was on The Project, Aussie tv show and he took up a lot of time speaking about Bitcoin and how it would make you filthy rich like him and that he was apart of this Bitcoin fantasy.
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If you invest in those real mining firms, you participate in their profits which they generate by mining. Exchanges also needed to offer Bitcoin margin trading and a way for users to take a short on Bitcoin. And that just proves that the whole thing is a big fat scam.
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Shopping Online: Moreover, websites like Purse.io and Bitify.com allow you to sell things in exchange for Bitcoin. Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances.