Topic: Even your fiat is not totally secure! - page 2. (Read 507 times)
It's not just about stealing. Crypto-currencies are in a much more risky area of finance than fiat money.
It doesn't make much sense to stay in fiat as an investment. Inflation can put the value of money into trouble in every country. Instead, we have to turn to the foreign currency, gold, cryptocurrency and share.
Your Fiat currency is under more attack than most people think. You have to deal with counterfeit currencies and also with ATM scammers and pickpocketting.
The criminal element will always be there, no matter what currency you use. As long as something has value, it will be a target for these criminals and we should just accept that.
Currently more Fiat currency are stolen and hacked than most bitcoin hacks combined, so deal with that.
The criminal element will always be there, no matter what currency you use. As long as something has value, it will be a target for these criminals and we should just accept that.
Currently more Fiat currency are stolen and hacked than most bitcoin hacks combined, so deal with that.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
Sometimes you cannot blame them for being worried about it. Crypto is so young and there is not guarantee that you could really rely on it. Fiat is good at all times since it is still being used by all people around the world. But also crypto can be a good alternative investment that you could put your money in for the meantime.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
Just like money, if your bitcoin wallet is left unsecured, then it's going to be found by someone and it's going to be stolen from you. We've been in this forum for so long yet there has not been a report of a stolen bitcoin that wasn't the person's fault. It was either stolen by someone around them or they got confused and uploaded the private key instead of the wallet's address. I think people are more worried about bitcoin turning out to be just one huge scam and millions of people got tricked by it. I don't worry about that for I understand this stuff and how the price of bitcoin ended up to where it is right now. To simplify, people are scared of what they don't understand and bitcoin's simply one of them. Sadly because they are not putting the effort to enlighten themselves about the topic.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
This message is for people outside the forum for their various reasons they could come up with about security and they are right thanks to exchange platforms that won't ensure that their security apparatus is up to date to forestall any hacking and are quick to announce to the world anytime they are compromised and funds stolen forgetting the damage such is doing to the entire market.
Security is the least of peoples problem for investing in bitcoin. At least for the people on the forum which this message will be getting to. The concern for them is the value for their investment on how it won't be faced with uncertainties every day they take stock. Another concern for them is the regulation that is gradually creeping into the freedom they have come to enjoy ever since couple with those people flocking into the crypto space to make them lose their hard earned resources.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
Yes i am agree that even fiat is not fully secure in the past when we required any of the transaction across boarders there were many problems like if we do it personally we have theft problem and while if we do through banks high transaction we will pay so bitcoin is better than fiat.
First money every where is devaluing with time and it is not secure because even dollar is also changing over time and for fiat there is also central banks and departments which are controlling these money and fiat is also not secure.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
People who certainly have nothing to want to do, will always look for an excuse not to be a part of something. Security is one thing that can be a problem for someone who is careless and not knowledgeable enough to know how to stay secured in this space.As long as you are careless with money, the same fate anyone who is in fiat and leaves their debit or credit card vulnerable is actually the same fate they will always experience anywhere they put in funds. It is more like putting gold in your apartment, and then always leaving your door open to the whole world to see the gold you have, with easy access to and then thinking someone will not take advantage of your stupidity.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
Security not only comes in terms of cryptos only but also fiat currencies needs a lot of security and also most of the scams and spams are happendled with the fiat currencies.I have sawn a lot of such scams where peoples are scammed with the help of fiat currencies.
Both can be risky but i guess scamming depends on the mentality of the individual.
If you are mature enough, you will not be scammed by anyone in terms of fiat or even the cryptos but if you tend to be new, than probably there are a lot of scammers who are waiting for you to scam your funds.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
The theft of fiat is happening to everyone everywhere every minute of every day and no one even realizes it.It's called taxation and inflation (currency devaluation).
The sooner people wake up and realize that their shitty counterfeit government fiat money is is backed by only by the chains of their debt servitude the better.
Fuck the banks and their shitty fiat.
Fuck their bought off government enforcers and their control through fear and violence.
The new world economy will make them all irrelevant and the minute they no longer control peoples wealth there will be hell to pay.
Not soon enough if you ask me. Which you didn't.
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
In reality crypto currencies are far more trusted, secure than the fiat one. First layer of protection that we get is, its completely virtual one and no one can physically steal it from you if you are walking down the street and making uncomfortable visits by thefts. Off course in the crypto currency there comes another threat which we recognise as the hacking of wallets but to be honest its very rare that you will end up in hacked wallet because it can only be done with the phishing and nothing else. There is no way to get entered into the crypto without that. Believe me most of the cases that we see as hacking attempts are coming from the fact that they are phished wallet. With extra precaution one can avoid that too.
A legion of people is to be anxious about the security of bitcoin and a cryptocurrency which is why they decided to keep away from investing in it. You should also keep in mind that even a fiat money you may have, you may also be solely responsible for stealth. The sooner you start stop the courtesy of the incorrect reasons, the better is. The decision depends on you!
A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
I dont think so. We can use fiat money to invest in stocks or real estate, etc .. These are tangible assets and it is always profitable for the holder. A lot of people have always worried about the security of bitcoin and cryptocurrency which is why they have decided to stay away from investing in it. You must also note that even the fiat money that you may have can also be liable to theft. The earlier you stop giving flimsy excuses, the better. The decision is yours!
So I was expecting more of something interesting, I don't know what's the point of view of OP since this is obviously nonsense. Anything can be stole even a kid can stole someone's lollipop. So it's up to us how we secured our wallet, identity and fiat as everything is vulnerable.
seriously? of course fiat is not secure also as crypto and other things with value and uses, all things with value looses its market value like porperty, cars, precious stones and jewelries, depending on the uses and trend on the market, fiat is not exempted in depreciation, this is obviously and literally been experiencing by fiats and everybody knows that.
cryptocurrency is not much different from fiat currency. This is evident from the many thefts committed by hackers against customers' money deposited in the Bank, even they can easily break into the banking financial system, crimes will always be there if we are not careful to guard the security of something very valuable
Yes i agree on that. Many people said tgat crypto is not safe at all. But in my part I will say to them that this crypto is always depend on is. It is risky but the risk is not in crypto we are responsible for our holdings and for our profit. So I think crypto is not that risky. I believe that risk is everywhere and it is not only inside the crypto world it is everywhere.
Of course, nothing in this world is completely secure but fiat is still safer than bitcoin. But you know what, only bitcoin can bring you unstoppable profits. even it is risky investment but it is worth trusting.
cryptocurrency is not much different from fiat currency. This is evident from the many thefts committed by hackers against customers' money deposited in the Bank, even they can easily break into the banking financial system, crimes will always be there if we are not careful to guard the security of something very valuable
Exactly! There is no assurance in everything and I can really say that even insurance and our fiat has no assurance because there is instances that we will also lose some of our money due to some certain reasons, and for me securing your fiat in just one bank is not a good idea, we should secure our fiat in different banks as well.
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