Topic: Is bitcoin dangerous ? - page 68. (Read 5761 times)
Depends in what sense, if it is investment related yes it is definitely very dangerous but the reward is huge if you succeed.
I would say crypto is very dangerous. Especially when it comes to price manipulation and the current bubble
If your countries currency is based on another currency such as dollar, the control of it can be very easy and other countries who earn it the most ($) may manipulate your economy, so btc for now can`t be controlled and can be hope.
Yes it have been the world of internet for so long and it need changes.
That one is making a currency to make the internet world a better place. Not just always the USD or Euro that is always used.
This way all the currencies will be like one.
Regarding the title question. It is a YES.
It is dangerous in the hands of dangerous people. Can be used for money laundering and also for buying illegal stuffs which is why it had a bad reputation before and up until now.
That one is making a currency to make the internet world a better place. Not just always the USD or Euro that is always used.
This way all the currencies will be like one.
Regarding the title question. It is a YES.
It is dangerous in the hands of dangerous people. Can be used for money laundering and also for buying illegal stuffs which is why it had a bad reputation before and up until now.
Currency made by the state is currently closed or in other words can not be used in all countries. By making bitcoins, Satoshi hopes to eliminate the limitations of transactions between countries, making transactions anonymous for security purposes.
Bitcoin can be dangerous if its users do not know the basics of using bitcoin let alone doing bitcoin investment regardless of the track record of an investment service provider. Bitcoin becomes dangerous because its users are not vigilant and even now the hackers use bitcoin as a crime
Would not say that bitcoin is dangerous, it is reliable, the only thing that can suffer is the money that you invested in it and as practice shows they are also in safety
I'd say bitcoin is not dangerous. The numerous unique features og bitcoin, such as anonymity, decentralisation, not inflatory and other features, are what make bitcoin to be different from other currencies.
The potentials of bitcoin can only be harnessed effectively if more countries accept bitcoin as a means of payment for goods and services.
The potentials of bitcoin can only be harnessed effectively if more countries accept bitcoin as a means of payment for goods and services.
well, life goes on. technology continues to grow. hence the bitcoin of the idea of "briliant" who offers a payment system that can also be invested in the future.
then, many other digital coins are emerging as alternative options with different business backgrounds. bitcoin is not dangerous, depending on the user.
then, many other digital coins are emerging as alternative options with different business backgrounds. bitcoin is not dangerous, depending on the user.
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
I cannot see a connection between your Subject and to what is in your OP that I've quoted.
Why would someone make a new one? Simply because the old one is terribly broken. Too much inflation, government control, slow transactions and any more negative things you could think of. This is the reasons why Bitcoin was made in the first place. To cope with the issues faced by the old currencies.
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
Cryptocurrency world - is the future! Financial freedom, decentralizing and more and more. I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
Because this is the future! Who would want a type of currency that is easily lost and will get wet when you carry around? But digital currency needs internet though.
it's simple. because the governments controls the other currencies. Bitcoin is not controlled by anyone, it is controlled by the miners, and there are so many that they do not have the full power over the entire bitcoin network.
Bitcoin is a digital currency and it isn't dangerous but bitcoin made it easy for many people to receive or send money without any problems. Bitcoin is decentralized means no one can control the market and it is different than other currencies where government can control the market. Bitcoin will be considered as digital gold in next few years. It was made due to limitation of other payment system.
I dont see any danger case for humanity from bitcoin, just it make more faster transaction with lower price than all banks in the world and this can make easier everything in this globalization century.
Bitcoin is not dangerous. I think it needs a bit of time for governments. Perhaps in the near future, most countries will accept bitcoin payment. Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry.
The countries that will be in a haste to approve of bitcoin are mostly countries that are not economically buoyant because bitcoin will help them come out of economic quagmire.
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
Bitcoin is never dangerous but helping to alleviate poverty in my own view. The introduction of blockchain and bitcoin is a prove of technological advancement in humanity, so we need to just enjoy it if we don't understand it.
I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
Though bitcoin, people were able to earn and save for the future with the investments that it offers. It's not dangerous but it's helpful for hopeful citizens who aims for what's best in their lives. It offers faster transactions so what's not safe about it? Nothing to worry about because is an instrument to reach out for those in need.
The bitcoin is not dangerous. It will not be dangerous in fact it helps people to earn, because they will learn a lot on bitcoin, they know how to invest, trade and other ways to earn bitcoin. it will be only dangerous if your account is hacked and take all the bitcoins in your wallet.
I think never Bitcoin is dangerous because world is almost changing by Bitcoin and i think Bitcoin total supply is fixed.There are have no chance to increase extra Bitcoin.Everything is defend on user who guys used positive ways or negative ways it's important at first.
How could this awesome instrument of investment be dangerous? Some people will disagree who either knows nothing about bitcoin, or who lost some money in scam for their own fault.
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