Every time I'm about to get some Bitcoins I see some news story about people being robbed or ripped off and decide to wait. Then a month later the prices continue to rise, then someone gets robbed. Its like a huge cycle and I can't decent whether to give them a shot or not.
You hear about it more often because of the culture and nature of it. How often do you think physical/digital money in other forms is stolen?
The bigger thefts come from people trusting untested websites acting as banks & brokers that are not regulated, do not (usually) have a physical presence, and usually do not have the required capital to insure their holdings.
> The bigger thefts come from people trusting untested websites acting as banks & brokers that are not regulated, do not (usually) have a physical presence, and usually do not have the required capital to insure their holdings.
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Every time I'm about to get some Bitcoins I see some news story about people being robbed or ripped off and decide to wait. Then a month later the prices continue to rise, then someone gets robbed. Its like a huge cycle and I can't decent whether to give them a shot or not.
You hear about it more often because of the culture and nature of it. How often do you think physical/digital money in other forms is stolen?
The bigger thefts come from people trusting untested websites acting as banks & brokers that are not regulated, do not (usually) have a physical presence, and usually do not have the required capital to insure their holdings.
> The bigger thefts come from people trusting untested websites acting as banks & brokers that are not regulated, do not (usually) have a physical presence, and usually do not have the required capital to insure their holdings.
e.g., bitcoin wallet websites