Topic: Bitcoin Dangerous ? - page 14. (Read 2294 times)
may be the reason for the prohibition of bitcoin in every country is different, but in my opinion is bitcoin in the place of transactions or money laundering for terrorists.
I do not think bitcoin is harmful to a country.
but some countries are banning bitcoin in their countries because bitcoin can harm their country's assets.
but some countries are banning bitcoin in their countries because bitcoin can harm their country's assets.
Bitcoin is just a digital currency that can be used by everyone around the world for sending payments to each other, why would anyone think it is dangerous to use bitcoin just because there are some governments who ban crypto-currencies exchanges operating in their countries? Some bans might be temporarily as the authorities are just trying to figure out an efficient way to tackle criminals using bitcoin for money laundering purpose.
Bitcoin can only be dangerous for those people who do not have any experience in trading and investment, in current time actually we are using bitcoin for investment purposes, and every king of investment can be consider as dangerous if you do not have good experience and trading skill. To me i think bitcoin has already given good profit to people therefore we cannot consider bitcoin as dangerous.
Bitcoin is the most revolutionary discovery since the Internet! 
i want to ask what makes the bitcoin dangerous? to the point that many countries prohibit the use of bitcoin in their countries. I want to hear your opinion
Well, you do get the wrong idea. Bitcoin is not even dangerous, it is somehow a thing that you might get loss specifically in terms of money since bitcoin is money. That is why many countries bans it because they protect their citizen to avoid getting dump about it.
Some people are using Bitcoin in illegal activity like drugs and weapons dealing, money laundry, money smuggling, ..
Govs also don't like circulating money that it can't control or tax.
Govs also don't like circulating money that it can't control or tax.
every country must have rules and possibly legalize bitcoin. . How we use it when used in the wrong way would be dangerous and if in the right way certainly not
some people use bitcoin in illegal activities and government can't monitor them. bitcoin is good the only problem is the person using it if use by bad people then it is dangerous.
Even life itself is dangerous when you misuse it or when you don,t handle it with care, the Government have term it to be dangerous because it not approve by them,and they can,t monitor all transactions
Bitcoin is just a digital currency that can be used by everyone around the world for sending payments to each other, why would anyone think it is dangerous to use bitcoin just because there are some governments who ban crypto-currencies exchanges operating in their countries? Some bans might be temporarily as the authorities are just trying to figure out an efficient way to tackle criminals using bitcoin for money laundering purpose.
For me bitcoin is not a dangerous kind or online job because you dont need to invest anything.it is an online invest that gives people a chance to have a job although some of them are lack of educatoin. Bitcoin is not risky.
I think you wrong.
Bitcoin is not a job it's a new second source of income it's too risky if you considering a job. In bitcoin if you want to gain a profits you need to invest and of course there's always a risk, you need to be careful and learn about investing to avoid a mistake.
This is not at all bitcoin case, but those people who use it not for their intended purpose, but in criminal spheres. And any object, asset or currency can carry a danger.
for me bitcoin is not dangerous but more profitable in my life and can help all people and some countries in economy, it is dangerous if one uses its vagueness that can harm everyone, for example scammer can make everyone lose and in disadvantage.
When bitcoin inevitably crashes, inexperienced investors who believed the hype could lose everything. ... Originally published by Vivek Wadhwa on LinkedIn: "Why Bitcoin Is the Largest Ponzi Scheme in Human History" ... Unsophisticated investors are taking out loans to buy bitcoins.
Bitcoin is never dangerous. Many cou tries are banning bitcoin because their government are disallowing it in their country why? People firstly, their source of income is decreasing with bitcoin around, secondly they can't manipulate bitcoin and they can't control people using bitcoin in their country since it is less hassle, less fees for ofws remitances and so much mire. If you do your research about bitcoin on how it really works you'll be amazed. Media is against bitcoin because of its popularity and no one can manipulate it every transaction is recorded and hard to know which wallet is whom for it has no profile picture or name just the btc address which consist of alpha numeric characters.
I think it's not a dangerous bitcoin. but people who use bitcoin, usually they use bitcoin for crimes such as drugs, money laundering, and many other examples. I think all the problems can be solved by making the rules only certain people who can buy and sell bitcoin.
The reason why some countries ban bitcoin is because its difficult to track the transactions in bitcoin.It can be used in illegal transactions. Also they cannot put TAX in it.
There are two reasons which make bitcoin dangerous. First of all,bitcoin transaction is peer to peer.It is not possible to track the owner of that particular wallet addrer.Secondly, if everyone one uses bitcoin for transaction, what happen to the traditional bank.These things make worried to government.
Some people think that Bitcoin is dangerous due to it's fluctuation price and dominated by unknown individuals, but if they get involved with BTC on other side they can see and feel it's a great help for the ecomony of the country and to the poor people itself.
Some people think that Bitcoin is dangerous due to it's fluctuation price and dominated by unknown individuals, but if they get involved with BTC on other side they can see and feel it's a great help for the ecomony of the country and to the poor people itself.
Yes is dangerous and any digital action is dangerous because it is nerve - racking
Agree. Don't invest if you have a weak hearth it's no good for those people as the price can cause nerve racking. Also you need knowledge in crypto before your start investing.
Bitcoin is not illegal and this is a good opportunity to grow. we need to be careful everytime. bitcoin is risky and it destroys user but still now there is no any news about.
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