
“‘The short answer is that financial scams are everywhere and it pays to be cautious about any investment and ensure that you understand it and trust those operating it, before giving them your dollars or your Bitcoins,’ said Tulsa Bitcoin trader Ryan Underwood. ‘This question of where to place confidence is not a Bitcoin-specific issue but a problem with all investments that make future promises in exchange for taking investor money in the present,’ Underwood said. ‘The SEC did not protect investors from Madoff despite numerous whistle-blowers coming forward in advance. Only their own diligence could have protected them.'”
http://www.reddit.com/r/Bitcoin/comments/1jlh21/bitcoin_gets_some_positive_business_press_in/
Related posts:
Hacker: Sim card flaws leave ‘hundreds of millions of phones’ vulnerable to attack
Egyptian security forces open fire in dawn raid on praying pro-Morsi supporters, 42 dead
Spain fights to lose status as drug gateway to Europe
What It’s Like to Live in a Surveillance State
Can the military save America's ranchers?
A new GOP bill would make it virtually impossible to sue the police
Bulgarian government resigns amid protests
High School Student Disarms Gunman...Gets Suspended
India's third biggest gold fund reopens to investors
Canadian immigrant investor program scrapped, replacement planned
China Eclipses U.S. as Biggest Trading Nation
ECB Suspends Cyprus Government Bonds as Collateral
Obama accepts resignation of IRS acting chief over ‘inexcusable’ tea party scandal
The War On Terror Has Cost Taxpayers $1.7 Trillion
New IRS guidance limits FBAR seizures to a mere 100% of account value