Post
Topic
Board Bitcoin Discussion
Re: Is the complete anonymity and decentralization of bitcoin good or bad?
by
gambitcoin53
on 02/02/2018, 05:36:11 UTC
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.

bitcoin itself is decentralized, but it will be useless or worthless if it stays on your virtual wallet, that will not create traffic and also that was the main reason why bitcoin was so expensive, we need to trade it once in a while to circulate, but be careful in choosing what trading platforms you are to be use, you should look for reputable exchange sites, anonymity has some bad side especially when you had a mistake in sending to the wrong person, it has no return no exchange policy, so be careful sending bitcoin, although the original idea of bitcoin trading was peer to peer, trading platforms and exchange sites were added to help bitcoin gain more traffic. the more traffic, the more bitcoin price will increase.