Is bitcoin dangerous ?

[GeviraBrooks]

It is dangerous if you have 0 brain Don;t listen to anyone, just learn how it works and you will be good.

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[2taps]

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 think it is not dangerous at all, and the other cryptocurrencies as well. Now is the modern times, so there's no need to worry about getting hacked or what so ever. The key is taking care of one's account and credentials properly. With the help of artificial intelligence such as in https://daneel.io/, we can tell that it is guaranteed safe.

I think that bitcoin is not dangerous as long as you don't go all in. Some people think that bitcoin will for sure increase their money so they go all in but then if the value drops you will get scared and will panic sell because you don't want to lose all your money.

[ellabanana]

Having one currency is really helpful actually. Atleast we wont be worrying about inflation anymore of the value of our money since it is universal anymore. Plus, it is decentralized, therefore there would be anyone who would controlling it, so there will be no corruption, but of course, there would be some disadvantage also. But for now, I have faith in Btc that it can change the future. There might be issues regarding cryptocurrency but don't panic, it is still growing so there is still a room for learning and improving itself.

[Shane E. Batchelor]

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 a currency, not a leader or an organization, so it's not guilty, online frauds you hear as "scam bitcoin" are the same as yours. being cheated on money, gold donkeys, .. or any property.

[fishball]

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 think nope. I've been observing my students really well and Im too jealous about how they earn bigger than mine! Yet, they haven't encountered any anomalies, as of now. But maybe in the future...so let's just enjoy the moment and think about the future problem in the future.

[zapata]

sure its getting more dangerous every day

I don't think that it is dangerous
It  dangerous for people who dont know about it.
In general it is a pretty risky area.

[missyqt29]

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 ?

When every system around you has too many flaws and loops, a new and more real system would be a good idea. Cryptocurrency is free from any governing body and with fix ratio for fees. Cryptocurrency also can't be faked unlike fiat that throughout the human history, have been faked so many times.

[laravuemaster]

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 was made for people to have another currency to use rather than spending all the time for working in the corporate world and earn fiat, it was actually a very nice idea to have cryptocurrency because in this way, life will be easier to sustain through working online.

[moamin77]

Ohhh! That's why it's always a good idea to start from the very basics: blockchain, consensus, decentralization, payment method, no middle man....etc then be able to judge how dangerous it's and why it's so different that other physical currencies (FIAT)

[Gladz29]

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 ?

Some people say bitcoin is dangerous, bitcoin is scam. But they don't know that their is future in bitcoin it depends to people how they handle their bitcoins, important is you know what is bitcoin and you know how to be responsible with your bitcoin. Don't abuse it, instead hold it for the better future.

[sirkings0003]

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 ?

You have said all. Bitcoin makes payment of any amount money for goods and services like it is nothing. Apart from the amount, it can happen very fast compared to fiat currency. Again, it does not matter the location of the receiver.

[criz2fer]

Bitcoin is independent of any country. This is his main advantage. And of course anonymity, transactional speed, security make it attractive to investors. Often money does not have such qualities.

Although bitcoin is an independent, we should be carefull using this currency. Because of volatility, no one can predict what price bitcoin in the future that would make it more dangerous for people investing into it.

[webdevmastery]

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 ?

From the wikipedia that i read, satoshi sakamoto created an algorithm called blockchain in order to mine bitcoins and since bitcoins is the first cryptocurrency, bitcoins become popular and there are a lot of people who are interested on investing in it until the value keeps on increasing till it reach the value today. There is no way for bitcoins to be dangerous because it helps people to earn fiat.

[X2PR8888]

I completely understand your opinion on why you maybe thinking tht bitcoins and other cryptocurrencies are dangerous. A lot of governments have not yet acknowledged or recognized the role that bitcoin has and is playing in the bigger picture and so this uncertainty plus the threat that bitcoins has to the traditional monetary system being hoverned by banks.  Bitcoins is completely safe and not dangerous as far as using it as a form of fiat is concern.  Bitcoins are decentralized and its anonymity makes it appealing accroos the globe because it definitely makes transactions of sending money from one place to another more easier, faster, and convenient too.  Bitcoins are a good source of investment and livelihood because of its current value and generally, how it behaves in the market: may dip for awhile but ultimately, rises again.  One more reason why I feel that bitcoins is really not a dangerous idea is because bitcoins and its like are slowly changing positively  livelihoods globally.  Read through articles on how it does and you'll understand why and how.

[cryptojoe]

It's just like the mighty dollar.
Do you think the dollar is dangerous?

[Congyang]

there is no dangerous word with bitcoin, I think bitcoin is dangerous if it is used for criminal transactions and endangers the country. if a person's bitcoin is used for a personal thing it is very profitable and never harmful to anyone.

[JaNkO11]

No.. Its all good !

[s0beit]

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 ?

Yes, cryptocurrency made transactions easier. However, it is dangerous too. It requires a lot of security because once your security is jeopardized your money or coins cannot be retrieved, even transactions that are on process cannot be cancelled. Security is a must in cryptocurrency.

[valentine401]

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 ?

The reason for bitcoins to exist is for people to have another way of earning a currency to buy products online and i think that this is what satoshi nakamoto likes to do. He created bitcoins for people to have an easier life and to help people to get up from poverty.

[Al Amin]

No, bitcoin is harmless, back again to its function bitcoin is actually created to facilitate transactions in the online world, but can also bitcoin be dangerous because irresponsible users, such users make bitcoin for funds commit a crime like terrorists or the storage of corruption funds.