Quote from: luigidosado on January 27, 2018, 05:00:49 AM

Quote from: haocoin on January 27, 2018, 04:46:44 AM

Before talking about the characteristics of bitcoin with others, my friend raised doubts that when trading on the trading platform, we should save the bitcoin to the address specified by the platform, that is to say, we handed the bitcoin to the trading platform in exchange for " At any time to the platform to mention the credit "commitment. But there have been several incidents in which platforms were stolen and bitcoin stolen, investors suffered. Moreover, due to the characteristics of bitcoin, the stolen currency has no traceability, that is to say it does not even know whether it is a trading platform to defend itself from theft. Is it ironic that a so-called decentralized currency relies heavily on the credit of the trading platform? This makes me feel embarrassed, I do not know how to accurately refute him, I hope you can express your opinion.

We can't really say if bitcoin is bad or good, actually there are pros and cons in using it and transacting with it. One of its disadvantage is that bitcoin though it protects your identity, transactions are always in public. Yes, when we give our token for an exchange, it will be a risk for us because we leave our tokens in the hands of another. A lot of people complained about this one and this things are just unavoidable. As users all we can do is to secure our transactions by keeping our private keys to ourselves and by avoiding using public wifi's when having transactions.

It has both good and bad sides mate. That is the natural law of how the universe operate, law of opposites. main good side of blockchain is the hope that it can save us from corrupted centralized market. main bad side is that is so vulnerable which can be used in very dark parts like drug and gun trafficking.