Post
Topic
Board Bitcoin Discussion
Re: What Are Your Greatest Fears As a Bitcoin Holder?
by
Teemotje
on 24/11/2017, 14:51:58 UTC
"Hacking and scams remain the top risk for Bitcoin holders. Exchanges that shut down or passwords stolen from devices can easily wipe out a person’s bitcoins. Moreover, governments and central banks from various countries are starting to impose limitations on the use of cryptocurrencies.

Digital coins clearly threaten the political and economic establishment, and the regulatory environment can quickly change with the stroke of a legislative pen. Banks and governments typically use familiar language in the media, such as the need to protect consumers from new risks.

We are hearing familiar talking points from politicians who are getting pressured from the banking lobby. It seems that the root cause of the status quo’s actions in 2017 is to protect fiat currencies and traditional financial interests. Competing digital coins represent a potential end to the government’s monopoly of the monetary system." - Bitcoin.com

What are the top risks for Bitcoin holders?
my greatest fear as a bitcoiner is i lost my private key thats the most important to my bitcoin because if i lost that i ever didn't get my bitcoin
Yes, I totally agree with you. The biggest fear is that you lose your key or your account is hacked by hackers

That is from nearly everyone, because no one wants to lose his key or to be hacked by hackers. You have worked very hard for those coins so it would be very sad to lose them all.

One of my fear is also that bitcoin will lose all of his value in one day.