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by ktizo 5097 days ago
Given the amount of people who are victims of scams and frauds within the mainstream banking system, and the habit of paypal to freeze people's accounts and hold their money on a frighteningly regular basis, I am not sure that bitcoin is any worse from a safety point of view.
1 comments

Of course paypal account feezes and scams do occur on paypal and traditional banking systems. However what is the percentage?

Every few months a bitcoin site gets lots of attention and boom they get hacked. Usually it is because the site is run by a teen or a college student wanting to make a quick a buck.