Is bitcoin dangerous ?

[m9shn9sh]

Bitcoin is insecure only when you are foolishly controlling it. In general, it is safe for several reasons. One of the main things is decentralization. It is very trustworthy and is very good kind of investment.

[1715635549]

1715635549

[1715635549]

1715635549

[1715635549]

1715635549

[1715635549]

1715635549

[Hellokitty09]

Bitcoin is not dangerous. I think it needs a bit of time for governments. Perhaps in the near future, most countries will accept bitcoin payment. Bitcoin can improve the efficiency of payment, it is not inflationary, it is lower than the banking industry.

No. Bitcoin cannot be dangerous. It can be used it in a proper way to protect it . Protect it to avoid in a dangerous situation.

[megynacuna]

Dangerous? I don’t think so that the company and management of bitcoin is too dangerous in the public. In fact the thing they called ”dangerous” is the company who helps lots of people to live better and become financially stable without even doing something for it.

I agree with you. If bitcoin is dangerous, surely all countries in the world will be banned bitcoin. But in fact, only a few countries prohibit the use of bitcoin, while others do not matter. That is, bitcoin is not harmful, but has not found an effective way to prevent the occurrence of crime when using bitcoin.

Same way as conventional fiat currencies haven't found an effective way of combating crimes committed by criminals that use them and so we should be careful in order not to blame bitcoin alone for money laundering crimes. Bitcoin is sure safe and just like other monies you can't tell who uses them and  for what purposes and so it being used  for the wrong things by bad people shouldn't make it dangerous or bad in any way.

[Mazda17]

I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?

bitcoin is not dangerous, many people think differently. but all agree, bitcoin can be very profitable. this is one of the benefits of bitcoin versus fiat currency. I just wanted to give you some advice. digest knowledge of bitcoin and crypto in this forum. you will know a lot about the benefits and benefits that you can use in your life

A good opinion and I strongly agree with your opinion, that bitcoin is harmless and even bitcoin very profitable for them including myself.
As long as I follow the bitcoin, I do not think bitcoin contains any fraud or cheats in a price.

[Mazda17]

I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?

For me i don't think so if Bitcoin is dangerous,base on my own opinion as I understood about this kind of work Bitcoin is a friendly user as we took its look like dangerous if we will use this in bad transaction in any of order,still we need a extra carefull by using this,we need too ask anybody that knows about this to have a functionable idea.

Your pattern of thinking is very good and I think your thinking is the same as my thinking about bitcoin.
It may be that the bitcoin tastes dangerous because they want the bitcoin to become extinct quickly and he wants no one to use bitcoin anymore so someone says that bitcoin is dangerous.

[danggoron]

The opening topic does not correlate with the title.
I will answer how bitcoin can be dangerous.
Geography. In some countries BTC is prohibited so it is obvious that earning or using some BTC in that country might put you up in cell.
You are going full throttle. Invest wise, always diversify, you can't afford to lose all your treasure in one sink of the boat.
Earning it the wrong way. Pyramiding scams and Ponzi are very immoral and must be stop at all cost especially those who are unregistered, if somethings go wrong you might face multiple violations.
Mining. Safety first, without professionally made miners might bring you some fire trouble.
Be careful

You are right, there is no relationship between the topic and its content.
I think the OP has not studied the difference between fiat and cryptocurrency. Although both can be used for payment, but cryptocurrency has another function that is as a tool of investment and commodities of high value.
Bitcoin is not dangerous, depends on the user and how to use it / get it. If using a safe and wise way, bitcoin is very profitable

[batang_bitcoin]

Bitcoin is insecure only when you are foolishly controlling it. In general, it is safe for several reasons. One of the main things is decentralization. It is very trustworthy and is very good kind of investment.

Bitcoin is safe, blockchain is safe but there are people who are not contented on what bitcoin is experiencing now. They want to spread false information that bitcoin as of the moment is not going to grow and will be dead very soon. I don't have anything against those financial experts that are saying that bitcoin can be used for illegal trades which is true as bitcoin before getting to the mainstream it has been used there but things have changed, there's another privacy coins that are better for those trades. And for now bitcoin is only dangerous if users will not use it responsibly or will use it for dangerous things.

[furry04]

when you go to travel somewhere you face so many problems with the local exchanges and in stores cuz you have to look up on your money every time and they don`t accept your countries money so if there would be just one fiat currency you won`t have to face those problems.

[Gintron]

Nope, Bitcoin was created to be safe and reliable and it is living its expectations.

[Roberttran]

bitcoin is safe. I prefer bitcoin over currencies because I think it is not controlled by any government

[chaki1992]

I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?

I suggest you read Satoshi's White Paper to truly understand why bitcoin is made. And what's its purpose.

https://bitcoin.org/bitcoin.pdf

Satoshi wants a system that you can used or transact without any middleman, without trusted third party That's why bitcoin is P2P (Peer-to-Peer), and non-reversible transaction. So you are your own bank. So bitcoin is not dangerous in a sense, because you don't need third party like banks to be able to pay someone in the other side of the world.

Bitcoin dangerous? Obviously it was designed not to, however, criminals has exploited it features and began to used it on their illegal activities, like drugs and hackers and scammers take advantage of it to steal from unsuspecting victims.

Well explained buddy...
Bitcoin is not dangerous,,, just some people are using them also in a wrong way and wrong manner that gave bitcoin a bad reputation...

[boyjackyou]

It will be more dangerous for you and your family if the people around you knows that you are holding a lot of BTC,you might be kidnapped by these people.

[Ian Dave]

Bitcoin is safe on protecting your money not to be corrupt. This is the fastest and easiest way to transfer money to the other country.

[dettihegedus]

bitcoin is not dangerous, it is very secure in protecting privacy, but in the other way, trading bitcoin is very risky because bitcoin is not stable so we may lost our investments without  any preparement or any knowledge about trading bitcoin.

[Erichallig]

bitcoin is not dangerous in my humble opinion, but just like any other kind of investment.bitcoin also has risk. for example, if the government decides to declare owning Bitcoin illegal, you may find yourself in trouble. Currently, the government's stance on cryptocurrencies is not clear and the danger is real as Bitcoin is not taxed. This is somewhat of a competition to government-issued currency. Other regulations could also make Bitcoin less profitable.

[burong1]

sure its getting more dangerous every day

in my own opinion i think bitcoin is not dangerous its safe and good to know whats in this business or what was bitcoin are, so that its very safe to do bitcoin and you can give your 100% trust because a lot of businessminded are investing on it and all you have to do is invest, hardwork,patience and faith.

[Jeremiesaranza]

I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?

No I don't think bitcoin is dangerous because bitcoin it helps more people and trusted some billionaires already investing bitcoin

[darshansetty]

no i dont think that bitcoin is dangerous it is more helpful for the people to become millionaier because it is trusted by billioneir investors who has invested in bitcoin

[Gemma mae]

Is bitcoin is dangerous?For me bitcoin is not dangerous neither it will help us to earn more extra money.In bitcoin also we have to cosider the enternet connection and time to earn more money.

[mung_nasib]

With the existence of bitcoin is sure to have a positive impact for many people Because we can search for an online job here.Besides, it can also be reliable as a means of fast and reliable transactions when there is a sudden need.