There's been news going around saying that you need to put in a certain address to able to steal that account. I was wondering if that's fake and bitcoin is a secured way of handling cash.
In my own perception that nope,bitcoin is not more secured way of handling because its not regulated and if there's a problem of your transaction you should not know where to claim your concerns, unlike in paper money its regulated and you can go to the neareast banks and claims your concerns including your proof of transaction that you have a exchange that today but there something done wrong.Bitcoin is a digital currency and decentalized and if something mistake in your transaction you cannot claim your concerns to the exchange sites.
I don't think it is unsecured because it is the only payment system that has the capability to prevent double spending, it has other privacy related features which no fiat is able to offer and so i don't know what sort of security the powers that be are looking for? Bitcoin is secured if the users don't get reckless are are careful with their private keys.