Topic: The danger of the cyptocurrencies - page 24. (Read 45201 times)
the only thing i am concerned about is that bitcoin is actually being a way for some hidden governmental agency to control the flow of the money on the internet or a hidden society that wants to take down government control, other than that if bitcoin becomes even more popular it will be used by many bad guys for illegal actions since no one can trace down where it is going , in fact most drug dealers are using it on the blackmarket
We do need machines, and computers does control them, how can you make an exam to know what is wrong with your body? Cryptocurrencies are bringing the best things to the world, returning to the people the power to choose and without any middle man between the transactions.
Although it is good that bitcoins have reduce the risk of scam but actually bitcoins are not being used on physical shops yet at least in the less developed countries but at the same time there is no risk being added by the cryptocurrency because no one is forcing us to use the cryptocurrencies and in fact I have personally never did any transaction under pressure. I use them because I really love the way it works, secure transparent yet decentralized. 
Maybe you are right when you said that Government can stole our bitcoin and other cryptocurrencies whenever they like. We should already accept that fact that most of the people nowadays are worshipping money, that is why they are doing everything to have a lot amount of money in a easy way and that easy way is stealing money in a way that we didn't notice it. But don't you think that if they will always going to steal our bitcoin, let's say that can happen in the future, don't you think that many of the bitcoin users will stop and start protesting about this inequality and injustice? In case that this world will become a cashless world because cryptocurrencies are the one that people are using, then let's just say that this thing would never happen that the Government will of such thing to us.
nobody will tell the truth. If one or more beneficial to someone, it will keep up to the last. Although if Bitcoin can offer anonymity to anyone and virtually eliminating the tax, if the first is a case may go unnoticed, it will continue to be a problem.
Maybe you are right when you said that Government can stole our bitcoin and other cryptocurrencies whenever they like. We should already accept that fact that most of the people nowadays are worshipping money, that is why they are doing everything to have a lot amount of money in a easy way and that easy way is stealing money in a way that we didn't notice it. But don't you think that if they will always going to steal our bitcoin, let's say that can happen in the future, don't you think that many of the bitcoin users will stop and start protesting about this inequality and injustice? In case that this world will become a cashless world because cryptocurrencies are the one that people are using, then let's just say that this thing would never happen that the Government will of such thing to us.
Bitcoin is surely the first step to this utopia. This days when you come in some place with your card with expecting to pay by it and they say you "only cash is taken here" in the future everything may be opposite - payment with cash can move in the history and everyone will pay through such things as Apple pay or Samsung pay.
I totally though that you will say Bitcoin and got disappointed when you said Apple pay/Samsung pay. Honestly, I've never seen someone use Apple Pay or Samsung Pay. I know a group of people that use bitcoins mainly for payment because we do transactions online. Some still use Paypal despite of the issues that it has. But Apple pay or Samsung Pay? Never heard of them outside this forum.
I loved how bitcoin works thats why im using it for morethan a year now.
It's not going to be difficult to use the bitcoin system, because it is made by bitcoin is very easy and can be used by everyone, and could also be used in all places or wherever we are. In addition to the transactions and the systems used are very good, we can also benefit by saving only bitcoin. because the price of the bitcoin has similarities such as gold, so these are all extraordinary profits
Bitcoin user really has no protection from thieves and swindlers. This is the only and very important feature of Bitcoin.
lol yeah too many cloud mining sites swindle users from their coins
people just have to learn the hard way
Bitcoin is surely the first step to this utopia. This days when you come in some place with your card with expecting to pay by it and they say you "only cash is taken here" in the future everything may be opposite - payment with cash can move in the history and everyone will pay through such things as Apple pay or Samsung pay.
I totally though that you will say Bitcoin and got disappointed when you said Apple pay/Samsung pay. Honestly, I've never seen someone use Apple Pay or Samsung Pay. I know a group of people that use bitcoins mainly for payment because we do transactions online. Some still use Paypal despite of the issues that it has. But Apple pay or Samsung Pay? Never heard of them outside this forum.
I loved how bitcoin works thats why im using it for morethan a year now.
Bitcoin is surely the first step to this utopia. This days when you come in some place with your card with expecting to pay by it and they say you "only cash is taken here" in the future everything may be opposite - payment with cash can move in the history and everyone will pay through such things as Apple pay or Samsung pay.
I totally though that you will say Bitcoin and got disappointed when you said Apple pay/Samsung pay. Honestly, I've never seen someone use Apple Pay or Samsung Pay. I know a group of people that use bitcoins mainly for payment because we do transactions online. Some still use Paypal despite of the issues that it has. But Apple pay or Samsung Pay? Never heard of them outside this forum.
Bitcoin is surely the first step to this utopia. This days when you come in some place with your card with expecting to pay by it and they say you "only cash is taken here" in the future everything may be opposite - payment with cash can move in the history and everyone will pay through such things as Apple pay or Samsung pay.
I can't see our world be adopting virtual money in the near future. Every countries in the government has many concerns about the online world, they don't want to add another problem into the system. Of course our world going virtual will make a lot of crimes easier as they don't need to go out physically they just need computers now to steal money/bitcoin.
Bitcoin is surely the first step to this utopia. This days when you come in some place with your card with expecting to pay by it and they say you "only cash is taken here" in the future everything may be opposite - payment with cash can move in the history and everyone will pay through such things as Apple pay or Samsung pay.
i think people are just blind and do not want to understand ehat is bitcoin thats why they are noy realising its efficeancy. it doesnot have to reach 1million dollar price its still the most valuable crypto currency in the world even it is more valuable than gold its just peoples are not noticing it
Lol, You are right. Actually crypto programming most critical one to hack with any kind of networking system. So bitcoin and bitcoin address are much safest one when compare any kind of mediums. This is currency most costliest money around the world as now. Better avoid these kind critics will not make impact to bitcoins.
the main danger is its decentralized money and at any time government could put a ban on it. and currently i had just entered cryptocurrency world and if government put ban on it then I might have to forget about buying gadgets with bitcoin which i had planned since 2 years
You just entered the cryptocurrency world but you've been planning to buy gadgets with bitcoins for 2 years? Wow. The timeline on your post is messed up.
the main danger is its decentralized money and at any time government could put a ban on it.
But how can they put a ban on it when it's decentralized? They can't collect all the bitcoins possible because they would be spending a lot of funds. Governments simply say that bitcoin is an unregulated money to put an end to bitcoin discussions. Appreciate the fact that bitcoin is decentralized. No one's controlling it. You can't be anyone's puppet. You can finally break free from the ridiculous amount of tax your corrupt government is taking from you.
the main danger is its decentralized money and at any time government could put a ban on it. and currently i had just entered cryptocurrency world and if government put ban on it then I might have to forget about buying gadgets with bitcoin which i had planned since 2 years
I would change the subject of the OP to dangers of bank notes. If I was in India and I had banknotes of 500 and 1000 rupees in my house and I had no time to go to the bank and lose it? If the next day state will say that because of country's bad economy situation he decided to cut the savings (haircut) of their citizens up to 37.5% (Cyprus)? So, being dependent so much from banks really scares me
Now with ransomware becoming a hot topic it is easier for the ones that believe that cryptocurreny is dangerous to have some substance.
I know that fiat money can be used in the same way but crypto is the one that is in question here and not the long lived fiat currencies of the world.
I do not even know what to expect. To want or not to Bitcoin was recognized as the legal currency of my country. If this happens, the authorities really want to be in control. After all, this is the first that will mean making power. I know that fiat money can be used in the same way but crypto is the one that is in question here and not the long lived fiat currencies of the world.
Now with ransomware becoming a hot topic it is easier for the ones that believe that cryptocurreny is dangerous to have some substance.
I know that fiat money can be used in the same way but crypto is the one that is in question here and not the long lived fiat currencies of the world.
I know that fiat money can be used in the same way but crypto is the one that is in question here and not the long lived fiat currencies of the world.
i think people are just blind and do not want to understand ehat is bitcoin thats why they are noy realising its efficeancy. it doesnot have to reach 1million dollar price its still the most valuable crypto currency in the world even it is more valuable than gold its just peoples are not noticing it
Bitcoin user really has no protection from thieves and swindlers. This is the only and very important feature of Bitcoin.
Many would agree with you there.Many experienced bitcoiners have lost some amount of bitcoin at one time. So this statement is a very valid one.
No one has complete protection from swindlers or these scam attempts as you can see just on this forum alone.
Bitcoin user really has no protection from thieves and swindlers. This is the only and very important feature of Bitcoin.
And you think banks and the current system fiat does has a protection? If you think a bit banks wont provide you a refund if you have more then some limit they have agree with government, fiat currencie does allow bad people to print their own similiar money and put it into circulation, something you cant do at bitcoin.
I do believe bitcoin its a close system with high security, that makes any other currenice being jealousy about those.
You are probably aware of the recent news about removing the fiat money for good and building up the cashless world.
Have you thought that bitcoin maybe the first step of this utopia? What if CIA behind this project? Would you still keep your money as bitcoins? Would you trust them? Do we know who the hell is Satoshi Nakamoto? I suure don't.
There is one big danger ahead. If the paper money gets removed, you will have no choice but to accept to get paid in crypto currencies. And to the big point:
If you keep your money in a goddamn computer, the government can rip you off instantly if they wanted it. I am not saying they aren't doing that already as most of us are keeping *our wealth in the banks. But cryptos will make their jobs easier. Much easier.
What if bitcoin price rises to 1.000.000$ and gold and USD become literally worthless? That's when bitcoin will be the world currency, and people gonna realise that gold is just a stone, USD is just a toilet paper.
Your won't have another choice but to store your money only in crypto, because the other choices will be worthless!
I am not sure if that's a good thing. Being dependent so much on computers just scares me.
Have you thought that bitcoin maybe the first step of this utopia? What if CIA behind this project? Would you still keep your money as bitcoins? Would you trust them? Do we know who the hell is Satoshi Nakamoto? I suure don't.
There is one big danger ahead. If the paper money gets removed, you will have no choice but to accept to get paid in crypto currencies. And to the big point:
If you keep your money in a goddamn computer, the government can rip you off instantly if they wanted it. I am not saying they aren't doing that already as most of us are keeping *our wealth in the banks. But cryptos will make their jobs easier. Much easier.
What if bitcoin price rises to 1.000.000$ and gold and USD become literally worthless? That's when bitcoin will be the world currency, and people gonna realise that gold is just a stone, USD is just a toilet paper.
Your won't have another choice but to store your money only in crypto, because the other choices will be worthless!
I am not sure if that's a good thing. Being dependent so much on computers just scares me.
For somebody with 500+ post I cant believe you are asking such a basic question. You sound paranoid.
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