Bitwage Logo
stablecoin crypto1 min read

Dealing With Fraud In The Bitcoin World

Jonathan Chester & John LindsayApril 11, 2025
Dealing With Fraud In The Bitcoin World

Key Takeaways

  • Bitcoin has been around since 2008, but it’s still in its infancy.

Bitcoin has been around since 2008, but it’s still in its infancy. That means a lack of regulation, fraud, ponzi schemes, and more. The Bitcoin industry has it all, making it the new Wild West. Digital gold is hiding “just beneath the surface,” waiting for those opportunistic, innovative and brave enough to test these uncharted territories. So what can you expect to encounter in this new frontier as one of the early pioneers?

Click Here to Read the Forbes Article

Photo by Marc Mueller on Unsplash

Pay Remote Workers in Stablecoins

Bitwage supports USDC and USDT payouts for international workers — dollar stability, crypto speed. Learn more about stablecoin payroll.

  • USDC and USDT delivery to any wallet
  • No FX loss for dollar-invoiced contractors
  • Instant settlement vs. 2–5 day SWIFT wires

Free Guide: Global Payroll Playbook

Everything finance and HR teams need to pay international workers compliantly and efficiently. See also: compliance requirements and FX rates.

Complementary Reading

Stablecoin Regulation Launches in Hong Kong This March

Hong Kong's new stablecoin regulation launches this March, but only a few issuers will be approved. Learn what the HKMA's selective approach means for you.

Frequently Asked Questions

Common Questions about Dealing With Fraud In The Bitcoin World

Bitcoin has been around since 2008, but it’s still in its infancy. That means a lack of regulation, fraud, ponzi schemes, and more. The Bitcoin industry has it

Bitwage supports stablecoin payouts in USDC and USDT, giving workers dollar-denominated stability with the speed and low cost of crypto rails.

No. Bitwage has no monthly subscription fee. You only pay a small per-transfer fee when you send a payment. This makes it ideal for companies that pay contractors on irregular schedules.

About the Author

Jonathan Chester & John Lindsay

Jonathan Chester & John Lindsay

Jonathan Chester and John Lindsay are the co-founders of Bitwage, pioneering Bitcoin and stablecoin payroll solutions since 2014. Together they've built one of the most trusted cross-border payment platforms for remote teams.

Related Articles

Pay your global team with Bitwage

International contractor payments, vendor automation, and crypto payroll — no monthly fee.