posted on Mar, 15 2014 @ 06:07 PM
I dont understand how this could be a valid form of currency....
Anyone who doesn't use bitcoins would just be broke, confused, and starve to death?
Requires internet access to use?
HIGHLY susceptible to hacking?
I dont get it..... Sounds hopeless and pointless.
So just because you dont understand crypto currencies means that its hopeless and pointless? You sir are an ignorant #.
You seem to think that Bitcoins, or cryptocurrencies "HIGHLY susceptible to hacking"....
I'm sorry, but did you forget about the most recent #ing hack with Target? 40+million credit card data stolen....Did you forget about the ability
that the NSA has with the ability to break SSL encryptions?!
Your bank is connected to the internet to allow YOU to use a plastic card for purchases. Your bank uses SSL to encrypt your bank transactions. SSL is
not secured by any means. IF NSA can do it, large hacking groups can.
Yes cryptocurrencies need the internet, BUT you do not need the internet to store your coins. You can store coins on a paper wallet, or a USB stick.
cryptocurrency ATM's are coming to major cities and when rolled out world wide - no one will be required to have internet to use it. There will be no
difference between coins in a paper wallet or fiat currency stored in cash.
Just because you know NOTHING about this sort of thing does not make it "pointless". You obviously fail to realize that our world evolves and
changes with each advancement that makes it to masses of people. Bitcoin and cryptocurrencies are the movement of our future.
Again, you sir, are an IGNORANT #! You should not bitch about something you DO NOT #ING UNDERSTAND.
I would be more than happy to answer any questions you had about it, however when you make assumptions about something that you have no #ing clue
about, and obviously HAVE NOT SPENT A #ING SINGLE MINUTE RESEARCHING, it makes it hard for people like me to explain and educate others such as you.