Bitcoin's strength is that nobody can crack it yet

[harbin55]

I think the bitcoins strength is the services that they provide in their investors because many people are satisfied and recommend that bitcoin  is a great investment for their funding great future.

[wilburwilbur]

Lol yes, ever since no one ever hacked it before even blockchain
The thing is that group of developers started it first then they made it a free to upgrade coin meaning other developers can also upgrade the current security of bitcoin
But some people are not informed enough that is why they are the ones who are fed on the hackers and  abusers.

[moshk555]

This is very true because the transaction record and information of financial assets are spread between all of the users in the network, even at such a large scale bitcoin is uncrackable because no user has complete control over the network, therefore, it cannot be corrupted with.

[Jossy111]

The strength of bitcoin lies in the hands of its investor and stake holders. If these set of people hold to bitcoin strongly then there is assurance for its survival

[Gameroid]

I think the bitcoins strength is the services that they provide in their investors because many people are satisfied and recommend that bitcoin  is a great investment for their funding great future.

Bitcoin strength is because of their investors, who still taking interest in bitcoin, which is making bitcoin more stronger and stronger. i think that as time pass and as more and more investors will continue investing their money, bitcoin will also continue stronger from time time. Bitcoin has the ability to attract investors toward itself, because it as already given a very good profit to people.

[hhussain]

Bitcoin comes in a system supported by the blockchain which means that bitcoin is none more than a lock of which everybody has a piece of the key, which is why it is the 6th largest currency in the world bitcoin wallets and its blockchain network are immune to any attacks and are safe, the prerequisites of any acceptable cryptocurrency.

[khaled0111]

Bitcoin is very secure and cracking a private key can take hundreds of years when using the most powerful computer that exists.
Even if hackers find a way to crack Bitcoin, developers will fix this issue and propose solutions to make it more secure.
You don't have to worry about security, your Bitcoins are 100% safe in your wallet when no one knows your private keys.

[onemoretime8520]

indeed no body can crack it yet but if somehow there would be a conflict of interest between the states and btc than the solution would be to punish the cash out of btc which would drastically decrease the usage of it.

[tabas]

About the bans, a country can use their authority to ban bitcoin for getting in to their country but no country can ban bitcoin itself as investment, as currency.

indeed no body can crack it yet but if somehow there would be a conflict of interest between the states and btc than the solution would be to punish the cash out of btc which would drastically decrease the usage of it.

Why would they have to punish people who takes profit?

[KrakenZ]

Indeed no one can solve the strength of this bitcoin. But the strength of this bitcoin can be competed by other crypto currencies. So this could be a threat to the existence of bitcoin. I also heard that it can not be changed but it can be fixed because the bitcoin development team is making efforts to improve bitcoin with innovative new technology so bitcoin can gain the trust of the community as it was. Maybe it's a bit of my thinking that is still far from the knowledge of bitcoin in depth. Hopefully my thoughts can help you.

[kasurnya]

You are right, the government will not be able to stop bitcoin. Bitcoin is a technology, time bomb, joined or not, they will still be destroyed.

[brylle34]

Currently, Bitcoin is not recognized as money by any government so it is not taxed. Most Bitcoin transactions could be thought of as trades – which are generally exempt from taxation by governments.
This is likely to change if and when Bitcoin begins to be recognized as legitimate currency around the world. This is actually an incentive for governments to legally recognize Bitcoin as proper money. No one is sure when or if this will happen, but it’s something to think about as Bitcoin continues to experience a lot of growth around the world. ref: https://www.binaryshift.com/bitcoin-strengths-weaknesses/

[takadada]

You see, BTC has a lot to look at, but it's not 100% perfect, Bitcoin is its anonymity and the anonymity it gives its users and investors. But this is also one of the reasons many criminal agencies are locked up with bitcoin.

[ace09]

For me Bitcoin is the King of all the crypto currencies here in the crypto world. The Bitcoin, as the days goes by it only keep on getting much attention. Why? Because as times passes by, more people are getting engage to the crypto currency community and learn to know about Bitcoin. When they know about Bitcoin, they eventually engage themselves and gladly use it and that is why Bitcoin is only getting stronger.

[brenzosa]

i think there were reports that an institute had tried bruteforcing bitcoin address using supercomputers and was successful although it may take a long time to get the right private key.  next generation blockchains may not be as crackable as bitcoin as they have more security features like longer private keys.

[nikonova]

and it will never happen. this is why cryptos are made. security and anonimity. the future free world

[TanteStefana]

And it will remain so for a long time.
No government, no parties can effectively ban it and put their hand on it. They would have to ban internet first. Not likely.
That would be the end of free world we know.

It's hard to break your wallet system. But this is real. If you make a mistake when using it, then hackers can hack it. But all this is hard. It is easier to remit a bank in a small city than wallets.

[jcemos9bt]

They can never understand it Bitcoin strength is unknown and invisible to government and policy, i give the Bitcoin creator a big big hang of a plus for not allowing government and it polices when building up the Bitcoin system, if government and it polices is earlier allowed they would have crash Bitcoin to nothing, Bitcoin is own by nobody and everybody to it own bank.
is when you put your life/success in the hand of someone, they can bring you down, so never allowed that to happen am living a life of crypto.

[nieninja53]

Bitcoin is the king and the strength is so good because the value is very high and great that increase the strength very high day by day as per increase the demand of bitcoin day by day, When all many peoples attracted by the price of bitcoin than you can watch the buying increase and that also increase the strength of bitcoin.

[ov3rflow9x]

You see, BTC has a lot to look at, but it's not 100% perfect, Bitcoin is its anonymity and the anonymity it gives its users and investors. But this is also one of the reasons many criminal agencies are locked up with bitcoin.

And if you think, it's technically Bitcoin done well. But the essence is in people, in relation to safety and use of wallet. Many, even at the beginning, neglect the simple rules through which they are blocked or handled.