Quote from: Coyster on October 24, 2020, 08:27:50 AM

Quote from: Charles-Tim on October 24, 2020, 07:40:06 AM

Bitcoin is money, the first successful decentralized currency, which was created as an alternative to centralized fiats and also altenative to money that are vulnerable to physical thefts like thereby fulfilling what early days money can not fulfill.

Bitcoin is a form of 'money' that's not vulnerable to physical thefts as we all know, it can't be of course, cause it's in a digital form, but it's pretty vulnerable to quite a lot of scams which results in theft/loss of Bitcoin, and many individuals wrongly believe that their funds are much better being vulnerable to govt manipulation and fiat inflation/depreciation, than taking up the responsibility of handling and controlling their funds that Bitcoin gives to them, and this misconception imo stems from the wrong presentation of Bitcoin in the news as an asset that can easily be stolen and lost to scammers.

I appreciate more topics such as this, that doesn't have as it's content a Bitcoin scam, a hardware wallet compromised, exchange hacked etc, let more users and newbies be aware of the fact that with just a little effort and responsibility to their privacy and protection, they can keep their btc without losing it, and avoid fiat Inflation and devaluation via that process.

I totally agree with you on the vulnerability of bitcoin in the hands of scammers which have made so many users believed it better for they money to be manipulated by the government then in an anonymous blockchain because in the time of theft resulting from scam and hack no one to point to or trace your stolen found to.