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December 20, 2013, 05:13:17 PM |
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Very valid point about the positives of bitcoin. It's also worth pointing out though that debit/credit cards are insured and you almost always get your money back if you were to lose any, if someone gets access to your bitcoin (which is certainly possible) they are gone forever (at least as of right now in the current state of the bitcoin industry).
Basically, everything has its positives and negatives whether it be cash, cards, bitcoin, checks , money orders etc etc.
I do agree though, as the bitcoin industry continues to mature and more startups start providing even better solutions, bitcoin has the potentialy to be a very secure/safe way of making transactions. It already is imo but there's also still a lot of security risks mainly on the user end.
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