I just wanted to put my idea out there but, isn't losing faith in Bitcoin because of hacked exchanges basically the same as losing faith in the dollar because of some robbed banks? Please correct me if I'm wrong.
You are correct, and I have lost all faith in the dollar and the banking system as a whole, but not because of banks being robbed, but because the greedy and uncaring nature of the central banks and goverment towards its taxpayers makes me nauseous. After giving them huge bailouts because they are "to big to fail" they tighten thier lending and put a choke hold on american citizens. Thats why im looking for an alternative currency. Unfortunatly in our society you have no choice but to use the dollar to buy things. I just want to make sure im making the right decision before I use my "dollars" to buy mining hardware.