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    Bitcoin? Your opinions please.

    Bitcoin is a virtual currency which allows transfer of funds between users without passing via banks.


    Banks are greedy and often corrupt so Bitcoin seems like a good way to go. Any views?

    0  Views: 715 Answers: 1 Posted: 11 years ago
    nomdeplume

    Latest on Bitcoin: Value reaches $1,000, rivalling gold. Man in Wales dumps hard-drive containing £4,000,000 in Bitcoins.

    1 Answer

    I remember reading about this a while ago, maybe 8 months ago now. By the end of what I read, I had decided that they are not a good idea. There is nothing to back them up and it seemed that the more people that used them, the weaker they will actually get. There is no safety in using them. If you get screwed in a sale, too bad is the basic message. They are a fad that may just disappear one day along with the real money you used to buy them. That's the best I can remember from what I read. 



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