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People downvoting anybody against it without giving any proper answer… I agree with everything you said. Even the security it promotes is false advertising. Ye
by nazka 3y ago
People downvoting anybody against it without giving any proper answer…
I agree with everything you said. Even the security it promotes is false advertising. Yes maybe Bitcoin ~itself~ is secured but the rest is not. It has to live on server, network, software, etc… and those are not 100% secured. Look at the money stolen. There has been more money lost through hacks and wallet stolen than any traditional bank…
Security on transaction also is a joke. I have never heard a CEO being so concerned by fraud and Visa and others that they need so much Bitcoin… Unless they do very shady businesses. Tomorrow I do a startup it will use Visa etc and I will sleep just fine. If you run the number with fraud costs etc also included for Bitcoin and traditional ways, from micropayments to $100B money transfer. The traditional is way cheaper and sometimes actually more secured overall.
And I can go on and on… It’s just greed.