Post
Topic
Board Economics
Re: Economists advise caution in trading in Bitcoin currency
by
harapan
on 28/11/2023, 16:41:00 UTC
How safe are Bitcoin transactions?

Bitcoin transactions are safe if you ask me.  All you got to do is pay attention to your security as you would when doing any other transactions and you'll be good. To be honest, the advice seems very vague. I don't need to be an economist to tell traders to apply caution while trading. So what advice exactly are they giving that we don't already know?

"
He said, the central bank of Bangladesh is saying not to invest in Bitcoin. It is not an authorized currency. It is not worth investing in it.

So what is worth investing in? Stocks do not crash? The real estate market has literally crashed before causing so many problems in the economy, so if that's their lame excuse they should try again.
A central bank advising against crypto? It's nothing new. Was anybody expecting a different advice from them?

I would advise that in cases like these, you should include the name or names of the economist(s) or the link to the article so we can read the whole thing.