there's no way for the government to shut down bitcoin. With a little bit of computer savvy, it's not hard to protect against theft. If the seller doesn't send you what you asked, you find out their home address and dump sugar in the gas tank of their vehicle.
No, we don't need to centralize bitcoin. If you want to pay with MasterCard, than use a MasterCard and not bitcoin. I bought rhodium with Provident Metals, used bitcoin, and got my merchandise just fine. Centralized solutions already exist and there's no reason we need more of them. If companies want to use the blockchain tech to increase scalability that's their own prerogative.
Next question please.
Topic: Bitcoin is a great innovation but the fear is prominent and so deadly! - page 2. (Read 909 times)
July 01, 2017, 08:19:31 PM
July 01, 2017, 08:18:03 PM
Friends, I am mesmerized by Bitcoin, it's a great currency alternative and lots of innovation going around but to be honest everywhere I see people's are fearing a lot, they want to invest in bitcoin and yes they already invested but still fear is prevalent. Everybody fears and they are afraid mostly about the following:
1) What if someone hacks and steal my bitcoin.
2) What if government shut down bitcoin.
3) What if I buy something via bitcoin and the seller doesn't send me what I paid for.
This list goes on.... What do you guys have to say about it? Why so much fear around Bitcoin? is it time to centralize the Bitcoin so that we could shop freely so that we could have purchase protection just like visa and mastercard Chargeback policy. Decentralization is good but it truly sucks.
1) What if someone hacks and steal my bitcoin.
2) What if government shut down bitcoin.
3) What if I buy something via bitcoin and the seller doesn't send me what I paid for.
This list goes on.... What do you guys have to say about it? Why so much fear around Bitcoin? is it time to centralize the Bitcoin so that we could shop freely so that we could have purchase protection just like visa and mastercard Chargeback policy. Decentralization is good but it truly sucks.
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