NO Wirex!

Another WARNING about a scam in developing: WIREX. As many other similar companies, trying to fool Bitcoin users into keep using fiat money, in form of all those plastic cards (VISA /MasterCard/etc). Actually you are giving away your BTC and going back to use fiat money. Bitcoin was created EXACTLY to avoid these kind of practices.

Reminder: Satoshi’s papers, stated: Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.

Any intermediary between your BTC payment and the merchant is violating the definition of Bitcoin and your privacy. Privacy is a right that we should all enjoy.

Try to use your BTC as a direct payment to merchants, wallet to wallet. Satoshi gave us this power of using our money WITHOUT any intermediary but yet people want to go back to intermediaries. THIS IS NOT ACCEPTABLE!

But in special, the case of Wirex is a big warning signal, so many people get rekt, lost their money with Wirex, here some proof:

Bitcoin talk warning: link here

E-Coin (scam) change name in Wirex – link here

Reddit user get rekt – link 1 here, link 2 here, link 3 here, link 4 here, link 5 here, link 6 here, link 7 here, link 8 here, link 9 here, link 9 here, link 10 here, link 11 here, link 12 here, link 13 here, link 14 here, link 15 here, link 16 here, link 17 here, link 18 here, link 19 here, link 20 here, link 21 here, link 22 here, link 23 here, link 24 here, link 25 here, link 26 here

Financial Conduct Authority (FCA) investigate Wirex.

The list can continue on and on with many cases…