Quote:
Originally Posted by Stephen
And how is that, when the fundamental problem (with bitcoin anyway) is that you don't even know who is behind it?
"Satochi" is a made up name. No real money is issued by the bank of make believe...
The only "proper security steps" is to avoid giving money to anonymous hackers, but that doesn't play in with pyramid profits.
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Bitcoin is not some anonymous entity. There are plenty of serious people involved with the currency and soon it will be on Wall Street. It is real because people make it real and it is as simple as that. Anyone with knowledge does not keep their cryptocurrency on an exchange or anywhere someone else can possibly access it. It is easy to protect your coins by simply keeping them in your own wallet offline. There is no such thing in cryptocurrency as pyramid profits. And by the way, most fiat currencies of the world are no longer backed by gold. So what would be the difference? The US government can print money whenever it wants to and there are millions of counterfeit dollars worldwide. Every Bitcoin is accounted for and there will only be 21 million Bitcoin in circulation by 2032.
Most of what I read on this board is misinformation by people that won't even invest a few minutes in researching Bitcoin. There is a huge opportunity to make money and people are making money left and right. Some of you could be making large right now if you just educated yourselves.
We are all just standing around holding our dicks, but I'm holding my dick wrapped in hundred dollar bills.