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by chx
3446 days ago
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I am mad at the hype leveled at Bitcoin because ordinary people lose so much money with it. Not just because of the inherently fraudulent nature of Bitcoin but because you put something that can be very easily exchanged into money on insecure computers. Every computer is insecure, mind you but people don't really know (or care!) what they are in for until they are hit. |
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I'm not sure what you mean by ordinary people lose a lot of money with it but ordinary people have surly lost more money in the stock market than they have in Bitcoin. Saying Bitcoin is inherently fraudulent is simply false.
On the topic of computer security. If you are serious about your Bitcoin's security there have been secure hardware wallets available for several years now that are easy to use and eliminate the chance of theft from hacking. They have come down in price to the point where they are very affordable.
The Ledger Nano S for example is $50. It's also super easy to use and never exposes your private key to your computer so it can't be stolen even if your computer is infested with Bitcoin stealing malware. Trezor and Keepkey are similar devices.