Friends, I am mesmerized by Bitcoin, it's a great currency alternative and lots of innovation going around but to be honest everywhere I see people's are fearing a lot, they want to invest in bitcoin and yes they already invested but still fear is prevalent. Everybody fears and they are afraid mostly about the following:
1) What if someone hacks and steal my bitcoin.
2) What if government shut down bitcoin.
3) What if I buy something via bitcoin and the seller doesn't send me what I paid for.
This list goes on.... What do you guys have to say about it? Why so much fear around Bitcoin? is it time to centralize the Bitcoin so that we could shop freely so that we could have purchase protection just like visa and mastercard Chargeback policy. Decentralization is good but it truly sucks.
Well same on what happened in the development of computers. As we can all see computers make our work easier and human work more faster, it also make every calculations accurate and set the motion of technological evolution in a very fast pace. These changes or these computers have been used to do good work but it also being used in bad works. More powerful weapons and planned terrorism's are being executed at ease because the good guys and the bad guys are both using these technologies. Same to bitcoin, it mustn't be at fault in what we called " what ifs " because even if we have bitcoin or not the dangers still lies here in every corner of the world.
1) What if someone hacks and steal my bitcoin.
The moment we stepped into this field we must know all the risks and be responsible for it.2) What if government shut down bitcoin.
Be updated in the crypto news, if BTC became a threat then withdraw all your BTC before that happens.3) What if I buy something via bitcoin and the seller doesn't send me what I paid for.
some ICO have that goals ----- transparency and credit risks, were still in the development age so be still.