Quote from: Natsuu on May 10, 2020, 12:35:28 PM

Quote from: wozzek23 on April 30, 2020, 05:18:31 PM

For any newbie that doesn't know why they should be making use of Bitcoin - the first thing is that Bitcoin gives you freedom and privacy. With Bitcoin the government will not be able to trace every bit of your life lol.

You will have peace of mind when making use of Bitcoin. Another thing you should know is that Bitcoin (BTC) cannot be duplicated like cash. BTC is digital and decentralized, it's peer-to-peer and open, secure and nearly friction-less, and you can use it to easily shop online and do a lot more than that. It's a great tool for investment and there is no conversion needed when you are using it.

Actually Bitcoin is a decentralized crypto currency or digital currency where many people are into it today. It is true that bitcoin is controlled by no one makes it decentralized. It doesn't influence or manipulate by whatsoever or whom. But bitcoin has a lot of different security issue. It does not make you so unvulnerable to those who can manipulate technology because we are living on a advance technology today. But bitcoin can make you a lot of profit in somw different ways, trading, gambling, marketing or even in lending. Bitcoin have suprassed many people in the past few years. And I think bitcoin will definitely has a lot of suprises in the next years.

Bitcoin will have in different fields someday. It will suprass everything and it will be more trend in the near event. Someday a lot of people will also knew about it and it will start to grow good and helpful to everyone.

Well there isn't perfect security, mate.
No one can attain perfect security.
One person made something or wrote the code and he knows the security algorithms behind it, unless he just completely abandoned it and let it run by itself but that's unrealistic thing to think as it needs to be maintained, that's why we're getting updates.
Bitcoin is decentralized, but it doesn't equate to total or perfect security.