Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
oda.krell
on 14/01/2015, 11:51:17 UTC
fun fact : i got my credit card hacked two times on the net last year and each time my bank refund me within 10 days to protect me.

More than bitcoin can ever do

Ignore the clowns telling you it's your fault your cc got hacked. Not everyone is a Randian ubermensch like they clearly are  Roll Eyes

Instead:

Congratulations. You discovered what traditional banking and finance is good for among other things: customer protection (within a larger functioning financial system) (hint: in most developed countries, the system is functioning sort of, despite what the loyal zerohedge readers will claim).

Now, if you can also see areas where crypto has the potential to complement and outperform traditional banking (like payments that are otherwise not economically viable, "micropayments", or are blocked for shady reasons, "wikileaks donations"), then you might want to consider holding a few of those newfangled "bitcorns" as a speculative investment.

Whatever comes on top of that, any blockchain based technological marvels of the future, is the cherry on top. A pretty large & tasty, but extremely speculative cherry however, so it's probably better not to dwell too much on those thoughts.