close
    Bitcoin? Your opinions please.

    Bitcoin is a virtual currency which allows transfer of funds between users without passing via banks.


    Banks are greedy and often corrupt so Bitcoin seems like a good way to go. Any views?

    0  Views: 669 Answers: 1 Posted: 10 years ago
    nomdeplume

    Latest on Bitcoin: Value reaches $1,000, rivalling gold. Man in Wales dumps hard-drive containing £4,000,000 in Bitcoins.

    1 Answer

    I remember reading about this a while ago, maybe 8 months ago now. By the end of what I read, I had decided that they are not a good idea. There is nothing to back them up and it seemed that the more people that used them, the weaker they will actually get. There is no safety in using them. If you get screwed in a sale, too bad is the basic message. They are a fad that may just disappear one day along with the real money you used to buy them. That's the best I can remember from what I read. 



    Top contributors in Other - Business & Finance category

     
    ROMOS
    Answers: 101 / Questions: 0
    Karma: 5025
     
    country bumpkin
    Answers: 62 / Questions: 1
    Karma: 3795
     
    Colleen
    Answers: 190 / Questions: 0
    Karma: 3405
     
    Benthere
    Answers: 4 / Questions: 0
    Karma: 3300
    > Top contributors chart

    Unanswered Questions

    452762
    questions
    719881
    answers
    756133
    users