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Old 8th August 2017, 09:11 PM
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moltuae moltuae is offline
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Join Date: Sep 2014
Location: East Lancs.
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Quote:
Originally Posted by Regulus View Post
But my intuition doesn't trust the crypto currencies.
And indeed you shouldn't. In fact the cryptocurrency space is littered with scams so you do have to be careful. Even genuine cryptocurrencies, like Bitcoin, are still very much at the experimental stage; I wouldn't recommend anyone to invest their life's savings or any more than they can afford to lose. Having said that, the Bitcoin network has so far proven to be resilient and secure enough to protect over 50 Billion Dollars of funds, despite years of attacks and attempted hacks. Of course that's largely thanks to the decentralised nature of the currency -- unlike the traditional banking system there's no central point of attack.
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