Bitcoin comic - The Joy of Tech

[zerowing]

Bitcoin is very volatile, and it is not a stock.
If someone hacks into your bank and drains it, you're protected by the FDIC.
If someone compromises your bitcoin wallet, you're out of luck.

Do you agree, disagree or partly agree?

https://i.imgur.com/oWkHvar.gif

[bitbaby]

Agree on its volatile but disagree on the security part, people who lost bitcoins did because of their own negligence. If stored properly, no hacker can gain access to your coins.

[TheGrimm]

Did you create this? this was a good one I liked it :-), I wish there were some adventure or fantasy based bitcoin comic - that would be a fun read.

[zerowing]

Did you create this? this was a good one I liked it :-), I wish there were some adventure or fantasy based bitcoin comic - that would be a fun read.

Not me. The original URL is

http://www.geekculture.com/joyoftech/joyarchives/1830.html

The Joy of Tech is a comic about technology and pop culture and updated 2-3 times a week.

[Kakmakr]

Bitcoin is very volatile, and it is not a stock.
If someone hacks into your bank and drains it, you're protected by the FDIC.
If someone compromises your bitcoin wallet, you're out of luck.

Do you agree, disagree or partly agree?

The Bitcoin technology on the protocol level is bulletproof. It is the services built on top of it that are causing the problems. You cannot blame the Bitcoin software if the wallet service you are using is insecure. The Blockchain moves your money, and the services gives you access to move that money. Do you really think online banking is safer than moving bitcoin without the help of and 3rd party services? If you do, you are not doing it correctly. I would not bank on trusting banks, because they will find a way to blame you, when things goes wrong.

[Yakamoto]

That's actually a pretty good comic, it summarizes the similarities and, well, difference, between the two systems. I wonder if we can see more comics with a similar theme in the future.

[tobacco123]

Good one. However, I am a bit slow- what is the meaning of "If you use bitcoin, I can't charge you fees?" (BTW, who is the guy in black suit?)

[Shibashi Dogemoto]

Good one. However, I am a bit slow- what is the meaning of "If you use bitcoin, I can't charge you fees?" (BTW, who is the guy in black suit?)

I'm pretty sure that's his banker So i think it's a pretty good comic

[SFR10]

The difference is, if your careful enough to not share your BTCitcoin address to anyone or at least in anywhere then chances are low for someone compromising your account since they don't know it but when in banks, the hacker don't even need to know your account, all he need is access to data base and then all those listed accounts there are automatically a target. Banks are in more attacks in terms of hacks, BTCitcoin wallets are in danger too but there are constant improvement done to give less chance to hackers.