Post
Topic
Board Economics
Re: Is bitcoin really secure
by
doomistake
on 01/02/2018, 18:46:47 UTC
Some people invest some if not all of thier asset in bitcoin. They are lured by its growing up value its equivalent to fiat currency but is bitcoin really safe and secure.? What do you think.,

As of security, I think, NOTHING is safe now.
Safer? Yes, it is safer than others, however, as to hackers, time will come they will find a way to do something that will make btc vulnerable.

Bitcoin network is secure, but if you are trying to ask if the bitcoin that we are storing in our web wallets or in a hardware is safe, then I would say that it is not. It could be hack by someone who is skilled on hacking, web wallets are more vulnerable than hardware wallets, so the chance of getting your bitcoin hack when you are using web wallets is higher than if you are using hardware wallet.

Hardware wallet is an offline wallet that is why the hackers lose interest on hacking such wallets, their targets mostly are those online wallets, so be careful and set some 2FA security.