The reason why Bitcoins is the safest system

[Madara_Uchiha]

Bitcoin is a digital currency with very dubious security. The greatest risks are associated with the architectural parameters of its detachment. In particular, there is no possibility to stop, revoke or censor transactions. To top it off, there is no insurance scheme.

[Bustart]

Bitcoin decentralized,no can tract our transactions unlike in banks.I think bitcoin has many features that can be for safest system,it was realky secured than any other crypto.Through it was a blockchain and high technology proves its safest.

Exactly! Its blokchain technology is what makes it a safe and secure place for transactions. It creates an atmosphere of transparency and no single network is in control of our assets. Moreover, all the parties will refer to the same data due to a single shared ledger, in this way it can put us at ease.

[Ucupers]

With technology based on this blockchain, I think it is very safe, but we have to be careful. I see that this technology teaches us to study more thoroughly and understand the technology. And if you do not want to lose your investment certainly you don't make mistakes.

[saumang2m]

Bitcoin is a crypto currency. Crypto is a form of digital currency. As we all know. That there is no such system in today's time. Making the digital currency the safest currency. And there are many companies that are working to make Bitcoin safer than ever before.

[Uccccc]

It's in one's own hand to safeguard the cryptocurrency holdings. Private key should be handled carefully and you are good to go with your cryptocurrency possession.

[UmitatsuKen]

It's a complicated code involving complex arithmetic and the transactions are best finished via very complex and complex steps impossible to penetrate.

[Kay28]

If your are expert and more knowledge of Bitcoin or crypto.
money
fortune
fame
It is an interesting experiment, but it’s not a permanent feature of our lives. Stability" as a tech is already somewhat there, and also will be improving over time.
Cryptocurrency still has all these loopholes but, you can’t really create something that’s “perfect”.
I’d also add:
Store of value
Reserve currency for all of crypto
Potential anchor for fiat money

[Airbuxf]

Even with the negative stories that seem to flood the news at times, Bitcoin is actually more secure than most other financial systems. Taking the time to learn about how Bitcoin works and investing in a secure wallet is essential in keeping your Bitcoin safe.

Exactly, you are the only person that can make your Bitcoins unsafe. The system itself is very good and gives an almost perfect protection, that's why doing research on it before investing is so important.

[Zalaster]

Bitcoin is completely safe. When we hear that someone has lost it, it means that this person was not attentive enough. It is necessary to securely store keys, use only trusted exchanges with a good reputation.

[moschinot]

really bitcoin is impossible to crack and it's impossible to forge it is his most secure indicators

[facaxmcv5]

Because bitcoin transactions are not controlled by banks and governments, the public's transaction information will not be disclosed. Bitcoin uses blockchain technology, so exploiting information from hackers is very difficult, if not impossible. When many people use blockchain, the ability to hack into its system is not possible.

[meanwords]

Yes, that's true, but Bitcoin and the Bank system is not the same just to be clear. Bank requires identification to fully protect the user which is centralized. Bitcoin on the other hand has what we called Blockchain which is decentralized. But details in banks can be exploited using means which I mean fake identities and such.

[Goodwin54]

There are various reasons that prove bitcoin is the safest system among them the main reason is the full system is based on the blockchain and its transaction system is also very secure.

[Akenosi]

Bitcoin is built on a decentralized technology system which is the blockchain  where it is not controlled by anybody except yourself, transaction is secured because you are the only controlling ur system, so if you want your bitcoin safe than its in your hands.

[molla_corda]

That's exactly what it is. By the way, I am extremely happy about it, because it gives impetus to the development of those who have long been in mental stagnation. I do not know what prevents people from being without critical factors becomes smarter and happier, but if so, let once lose the password from the wallet with 10,000 on the balance, but the rest of his life will be a million times more careful with all accounts, etc.

[zarintasnim]

Bitcoin is very safe system. Bitcoin use modern safe and secure technology. Bitcoin is decentralized system and it use blockchain system. Bitcoin transaction is also very secure transaction no one can trace you.

[drm]

Bitcoin is very safe system. Bitcoin use modern safe and secure technology. Bitcoin is decentralized system and it use blockchain system. Bitcoin transaction is also very secure transaction no one can trace you.

Playing devil's advocate..kind of, but what is more safe a decentralized network with irreversible transactions or a centralized network with reversible transactions.

[muarip]

Yes, that's true, but Bitcoin and the Bank system is not the same just to be clear. Bank requires identification to fully protect the user which is centralized. Bitcoin on the other hand has what we called Blockchain which is decentralized. But details in banks can be exploited using means which I mean fake identities and such.

We have our own keys to have the security of the wealth that we have so that this will be difficult to manipulate.

[CrimBit]

Hey everyone I have heard newbies and other people asking about how safe is the Bitcoins and it's transactions well I think it will be beneficial to have a little discussion on this .

First of all if you own a bank account in a good bank then you should know that its very hard to hack one's bank account, it's almost impossible unless done due to personal flaws, like sharing your key or bank account details or something , you know the system behind Bitcoins and the system behind banking system is same .
Something by the name of cryptography whose Advance form is block chain . It's a complex code involving complex mathematics and the transactions are only completed through very complex and complicated steps impossible to penetrate.
For Bitcoins the same thing operates but with no intervening part or whatsoever , it's p2p direct transactions and this is even more secure and private.

The reason why you hear news like :- someone got their Bitcoins stolen or something is because they have personal flaws , they shared the private keys or the password with someone else..or they used a bad wallet.

It's on you how safe you make it .

In my opinion banking and Bitcoin are different, One is centralized and the other is decentralized. In bitcoin, you are the sole owner of your own coin, which is not the case with fiat. And you also keep it in your own wallet, but when banking you save and give your money to financial institutions / Banks. so you have to have personal security for your Bitcoin and you have to make your computer free of all types of infections.

[semutracing]

Because of it anonymity, no one can know who you are. It can help you protect your identity

yes right, to know bitcoin users is indeed anonymous so our identity is safe, but what about your assets is it safe enough for now? because hackers don't steal your identity, but they try to steal assets you have