how is bitcoin different from silver? when you give your silver to someone, it's gone. no proof, no chargeback. just like bitcoin. your argument was?
Not really. Silver can't be hacked or lost due to tech problems or power outages. It has real world uses that guarantee it will always hold some value. It doesn't depend on a computer for it to exist.
Whoa, silver can't be hacked? If you were to keep your hard earned silver in your underwear drawer and then keep your back door unlocked, what's stopping someone from walking in and grabbing it. Likewise, if you leave your wallet in your windows user folder, unencrypted, with your firewall down, what's stopping someone?
People, this is digital cash... only people with way too much money actually carry 5 grand in their wallet, put that stuff in the bank man. For your own sake try to carry under $100 in your everyday wallet (digital or otherwise). Unless you can get a 3rd party to secure your coin for you, managing a BTC savings account on your own is a lot like keeping a briefcase full of money; yes it certainly does carry with it serious security concerns.