To Bit Or Not To Bit
Posted: Tue Aug 11, 2015 6:19 pm
Jim Rickards on Bitcoin.....
Think Bitcoin is safe? Guess again! Exec arrested for massive theft!
Bitcoin aficionados love to tell the world about how the blockchain
ledger and military-grade encryption make Bitcoin a safer store of
value than traditional safe-haven assets such as gold and silver.
The technology may be new, but some things, including human nature,
never change. Bitcoins have to be stored and exchanged in some system,
and if the proprietor of that system is a crook, then your Bitcoins
may go missing just like any other asset class in the wrong hands.
Follow link to see how one system operator allegedly stole $390
million in Bitcoins. He’s now under arrest.
http://www.telegraph.co.uk/finance/curr ... coins.html
Think Bitcoin is safe? Guess again! Exec arrested for massive theft!
Bitcoin aficionados love to tell the world about how the blockchain
ledger and military-grade encryption make Bitcoin a safer store of
value than traditional safe-haven assets such as gold and silver.
The technology may be new, but some things, including human nature,
never change. Bitcoins have to be stored and exchanged in some system,
and if the proprietor of that system is a crook, then your Bitcoins
may go missing just like any other asset class in the wrong hands.
Follow link to see how one system operator allegedly stole $390
million in Bitcoins. He’s now under arrest.
http://www.telegraph.co.uk/finance/curr ... coins.html