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To: JRandomFreeper

ROTFLMAO! See post 4 - a very current article.

Look if you want to waste your money, go for it. No one can ever protect the foolish from being had. This can go into the same place as those Iraqi Dinars you probably “invested” in.


49 posted on 12/22/2013 1:25:11 PM PST by narses (... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
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To: narses
I don't invest in any currencies. They are all pretty much scams. Keeping cash now is burning value because of the real inflation caused by massive Fed printing.

But you keep your faith in those green pieces of paper that buy less and less groceries every month.

/johnny

50 posted on 12/22/2013 1:32:15 PM PST by JRandomFreeper (Gone Galt)
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To: narses; JRandomFreeper
When bitcoins go bad: 4 stories of fraud, hacking, and digital currencies.

#4 is about Bitcoin security issues. ALL forms of currency have their own particular security issues. For instance, how many owners of cash, gold, and silver are subject to stickups, muggings, home invasion, and even pick pockets daily? How many credit card companies and holders are defrauded everyday or have their records stolen? Money in banks is stolen everyday from people who are the victim of identify theft.

You make it sound as if Bitcoins are the only medium of exchange with this problem, which again couldn't be further from the truth.

51 posted on 12/23/2013 4:00:54 AM PST by Errant
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