Bitcoin Forum

Bitcoin => Press => Topic started by: zakoliverz on August 19, 2014, 03:26:15 AM



Title: [2014-08-19] CFPB Warning Ignores Bitcoin’s Consumer Protections
Post by: zakoliverz on August 19, 2014, 03:26:15 AM
http://www.coindesk.com/cfpb-warning-ignores-bitcoins-consumer-protections/

Citing malicious hackers, potentially high mark-up fees, exchange-rate volatility, lack of governmental insurance, and risk of private key loss is laudable given that so few market participants conduct proper due diligence before jumping in to a new alternative. The majority of companies involved in the bitcoin ecosystem have been highlighting these risks for years.