There is not one thing I trust technology having control over. Especially not money.

I cannot wrap my head around how Big Tech and Government could not possibly collude to take it from you.

The Internet used to be the Wild West too. You could say anything you want. The Parler debacle proved that they’ll just shut down your server. How on earth would this not happen with $$$.

Can someone please explain how Bitcoin or Crypto is possibly safer?

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Posted by bayoudude

Member since Dec 2007

25171 posts

Posted on 2/17/22 at 7:58 am to Wednesday

Bitcoin advocates always point to the blockchain and the wallet. Sure it may be secure in your wallet but if you can’t make transactions and exchange that imaginary coin for something tangible that you can use to sustain yourself it is essentially worthless

This post was edited on 2/17/22 at 7:59 am

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Posted by GumboPot

Member since Mar 2009

124376 posts

Posted on 2/17/22 at 8:19 am to Wednesday

quote:
Can someone please explain how Bitcoin or Crypto is possibly safer?

IMO, crypto is not safer for the non tech savvy simply because of user error. There are a lot of scammers that try to get to your wallet. That is the biggest danger for newbies. Never trust someone with your wallet password or keys ever.

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Posted by BFIV

Virginia

Member since Apr 2012

7973 posts

Posted on 2/17/22 at 11:02 am to Wednesday

I don't understand any of this, either. Yeah, I'm an old boomer. When this board talks about crypto and bitcoin and wallet exchanges, they could just as well be speaking Klingon to me. I do find the conversations interesting even though I have no idea...

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