Post
Topic
Board Bitcoin Discussion
Re: What makes you trust bitcoin related services?
by
Blackdeath
on 07/12/2019, 22:48:06 UTC
Hi,

I have some questions where I have been thinking about the past week.
Why do you trust some website/company with your bitcoins?

Let's say a bitcoin casino, what makes you deposit bitcoin?
Is it the provably fair? Does it mean you trust a site when the game is fair?
Is it the looks of the site? The amount of users there are? If there is an open chat where you can see active users?

Or something else that doesn't have a game that's fair, for example a bitcoin exchange, how do you trust them?

Overall: What makes you trust bitcoin related services?


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Another question: What does a new service need to earn your trust?
In my own point of view, the reason why i already trust some bitcoin related services because someone that i know already tried making online transaction in such services, that is why i am not afraid to also give it try, especially exchanging my bitcoin into goods. We all know that everything in the internet nowadays is a risk whenever you are making online transactions, that is why you should let other people to go first before you try their service for you to only have a low risk.