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Bitcoin is global. If you want to be sure your transaction is on the longest chain you can just wait for more confirmations. You could even receive confirmation
by smokeyj 9y ago
Bitcoin is global. If you want to be sure your transaction is on the longest chain you can just wait for more confirmations. You could even receive confirmations over satellite now.
> I guess my point is: be careful, this is still very much experimental, don't invest everything you have in them.
Also experimental: Central banking and fiat currency. The lifetime of these non-crypto backed coins isn't that great either. Also they tend to be devalued in times of war. Not sure I'd want to be holding onto paper money.
- Double_a_92 9y ago> Also they tend to be devalued in times of war. Yeah, a currency that strongly depends on a stable and free internet is much better in times of war. /s
- smokeyj 9y agoDiversifying a portion of your mattress money into digital money isn't the worst idea. It's a hedge against hyperinflation that can be transported digitally.