It makes me wonder how you came to your superior opinion when you won’t even read a partial article.
I use blockers so I didn’t see any cookie popups etc. (firefox/chrome - Ghostery, privacy badger, ublock origin)
The honest and best answer that I can give is far too long for little old me to be typing out while trying to cover everything.
Your vendor getting hacked - Never keep your bitcoin on the exchange.
Not your keys - not your crypto.
The problem you propose there happens today with banks and our identification being cloned. With EU Chat Control attempting to be passed, it has the potential to get 100 times worse for everyone.
I am not being smart, but you should read up on what Bitcoin (not crypto) solves and how it is more secure. There are a plethora of articles out there that don’t require a lot of reading, that you could skim over.
Key points for most articles were you to search “what does bitcoin solve?”
The Bitcoin blockchain is decentralized, permissionless, and reliable.
Bitcoin increases access to basic financial services and facilitates cross-border payments.
The Bitcoin blockchain is open and transparent. Every transaction on the network can be traced.
Bitcoin’s creator, Satoshi Nakamoto, imposed a hard-capped supply of 21 million BTC, creating a provably-scarce asset.
I’m on firefox with uBlock, will look into adding the others
I still don’t see what bitcoin solves?
Sure it’s decentralized and transparent and all those things, but how does that benefit us? And is it worth ~5% the household electricity usage per transaction?
You say people shouldn’t keep all their money in an exchange, should they protect it themselves then?
People aren’t tech literate and old people will DEFINITELY get scammed out of their crypto.
Someone can break into your house, hold a gun to your head and make you transfer your whole life savings to them.
Traditional banks protect against this, you will get your money back if someone does this.
Can I take a mortgage in crypto?
Again, what problems does bitcoin solve? It creates many so it better be something good
It makes me wonder how you came to your superior opinion when you won’t even read a partial article. I use blockers so I didn’t see any cookie popups etc. (firefox/chrome - Ghostery, privacy badger, ublock origin)
The honest and best answer that I can give is far too long for little old me to be typing out while trying to cover everything. Your vendor getting hacked - Never keep your bitcoin on the exchange.
Not your keys - not your crypto.
The problem you propose there happens today with banks and our identification being cloned. With EU Chat Control attempting to be passed, it has the potential to get 100 times worse for everyone.
I am not being smart, but you should read up on what Bitcoin (not crypto) solves and how it is more secure. There are a plethora of articles out there that don’t require a lot of reading, that you could skim over.
Key points for most articles were you to search “what does bitcoin solve?”
The Bitcoin blockchain is decentralized, permissionless, and reliable.
Bitcoin increases access to basic financial services and facilitates cross-border payments.
The Bitcoin blockchain is open and transparent. Every transaction on the network can be traced.
Bitcoin’s creator, Satoshi Nakamoto, imposed a hard-capped supply of 21 million BTC, creating a provably-scarce asset.
I’m on firefox with uBlock, will look into adding the others
I still don’t see what bitcoin solves?
Sure it’s decentralized and transparent and all those things, but how does that benefit us? And is it worth ~5% the household electricity usage per transaction?
You say people shouldn’t keep all their money in an exchange, should they protect it themselves then? People aren’t tech literate and old people will DEFINITELY get scammed out of their crypto.
Someone can break into your house, hold a gun to your head and make you transfer your whole life savings to them. Traditional banks protect against this, you will get your money back if someone does this.
Can I take a mortgage in crypto?
Again, what problems does bitcoin solve? It creates many so it better be something good