Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin really secure?
by
futuris
on 31/12/2017, 09:28:50 UTC
Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you  guys give me some answers
Bitcoin is safer than existing financial instruments that are familiar to us. Safer and more reliable than VISA, Paypal or any bank in the world.