Cryptocurrency

[scooterscot]

Has Bitcoin been hacked? Name one instance... Just one.

Money has been stolen from unprotected wallets, not a fault of the currency. Same thing can happen with FIAT. Has money been stolen from double spend attacks on Bitcoin... no. Has it happen with Fiat, yes, every time they fire up the printing presses. Your argument is running out of steam.

Point is Bitcoin in its entire life has not been hacked, double spent, or more created out of thin air. Fiat money however....

I assume you'll be on top of this level of criminality:

More than £500m was stolen from customers of British banks in the first half of 2018, figures have shown.

 

[AtW]

Easy - MtGox was hacked and lots of bitcoins stolen, later laundered via sales to morons who bought that stolen property

If bank is hacked then your money will still be covered

 

[scooterscot]

I said has *bitcoin* been hacked, not an exchange. > read < the sentence.

 

[AtW]

Lots of people had their crypto stolen from their “wallets” when their computers got compromised - it is the fundamental flaw of the cryptotulips

 

[scooterscot]

Yeah and pickpockets are active day in day out. What a fundamental flaw of FIAT money.

Back to the question, 3rd times a charm, has *Bitcoin* being hacked, as you suggest?

 

[AtW]

Pickpocketing is physically limited, you can just carry cards and little cash, so very safe - and if they steal they stand real chance to be caught, there is CCTV etc

Chinese miners hacked Bitcoin long time ago - they fully control it now, that hack required a lot of processing power, but oh boy it worked so well - they pown it now

 

[scooterscot]

That's why you can't move to Germany. Techno know how no there.

 

[AtW]

That's why you can't move to Germany. Techno know how no there.

I can move whereever I want, tomorow if I so desire

 

[scooterscot]

They won't let you in. Es gibt eine Prüfung für Leute wie dich, oh ja.

 

[VirtualMonkey]

Pickpocketing is physically limited, you can just carry cards and little cash, so very safe - and if they steal they stand real chance to be caught, there is CCTV etc

Chinese miners hacked Bitcoin long time ago - they fully control it now, that hack required a lot of processing power, but oh boy it worked so well - they pown it now

Foil hats at the ready