Quote:
Originally Posted by slapass
In all honesty would you want your mom’s retirement in it? It is shady, and it is super hard to keep secure. I think security is the hardest part and what has kept it off the mainstream this whole time. Credit cards are still easier,
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I agree, banks are easier, credit cards are easier.
As for security, no doubt Bitcoin is best option. Nobody can steal your BTC unless you make mistake, (ie leave your privkeys for the maid to find). Banks/CC's can be secure or insured, but have you ever experienced a moment where you're stuck with no access to money/finance because your bank froze your account due to anti-fraud, for traveling internationally? Have you had your Bank (in my case Paxum) account compromised and scammers spending your funds? Thats not fun, accounts frozen! Bitcoin is a safer alternative to these scenarios.
Some of us don't want anything to do with banks, so this is an opportunity for us to be our own bank.