what are your thoughts?
link: http://business.inquirer.net/241672/filipinos-warned-vs-bitcoins-cryptocurrencies/amp
I agree with the government warning for the people in the Philippines who wanted to invest their money into bitcoin. Putting money in bitcoin is consider too risky due to the volatility of price ,lack of regulation and prone for hacking like what mentioned by one of our law maker. I think the hacking incident related to bitcoin is just a minimal percentage only . many people become rich through this investment platform and achieve a mile stone that withstand for attacking the network aim to shutdown the bitcoin and negative speculation of prominent people around the world but yet, bitcoin still become stronger and gain a popularity even the main stream media due to the current expensive price of bitcoin. I recommend that only invest the money that you can afford to lose and have an extra security to protect your bitcoins.