Red flags: Six signs you may be walking into a Bitcoin scam

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The rise and rise of cryptocurrencies has sparked both excitement and horror, in almost equal measure, across the world. There are those who believe the whole thing is a bubble about to pop, and there are those who believe we’re just witnessing the beginning of a brand new Internet economy.

Whatever the future is of cryptocurrencies – like Bitcoin, Ethereum or Litecoin – one thing’s for certain; there will be challenges ahead. As it is, these digital currencies have attracted questionable characters looking to prey on naive newcomers, and have been used by cyber criminals and masters of the dark web to make illegal transactions.