Post
Topic
Board Bitcoin Discussion
Re: Bitcoin have more risks than benefits?
by
julius caesar
on 05/06/2018, 15:05:54 UTC
Bank of Spain, in Madrid, says that the bank of cryptocurrencies, bitcoin, it's not worth it, and there are more risks than benefits. There are more innovations and they are having more effect.

Notices: https://traders.fxstockbroker.com/article/use-of-crypto-currencies-has-more-risks-than-benefits-bank-of-spain-head
             https://www.compuserve.com/news/world/story/0002/20180523/KCN1IO0YB_1


What is your opinion?


Actually it depends because Bitcoin and other types of cryptocurrencies do have their different benefits which can also be associated with risks which we should have known at the very first time we are up into engaging into this type of existing currency that more risks can be gained because unlike regular currency, cryptocurrencies are really prone to risks due to the fact that it is on the virtual manner. But the risks and benefits of it will be depending on the one who handles it and that must not be all blamed into cryptocurrency since people are always behind in this thing since we are the ones who have made it.