Quote from: grendel25 on March 04, 2015, 04:10:19 AM

Quote from: waterpile on February 22, 2015, 09:31:26 AM

Its doomed to fail if every bitcoin related businesses gets hacked. After the recent hacking incidents im losing faith

This is very true. But then again, the latest price is near $280. Still though, I agree.. the insecurity of what is supposed to be a secure finance method is troubling.

It comes down to what the individual does to protect their Bitcoin. The traditional system is already quite vulnerable, and there's not a lot that can be done about that. If you're looking for an example, that Chase Bank hack a little while ago.

Hackers will always become more and more sophisticated, and people have to find work-arounds to protect their stuff. Nothing is immune.