10 things that you would never say Bitcoin - Part 2
Continuation of the material posted to the blog on Friday.
6. Even a small problem
Software can cost
you big money
Gox exchange last fall
very scared everyone who owns Bitcoins
or other cryptocurrency. She said,
after hacker attacks and software
failure lost 850,000 Bitcoins. Then
Gox Exchange filed for bankruptcy protection
in February, but later found 200,000 coins
but Bitcoin worth almost $ 400 million to date
They have been reported missing.
Go ahead of hackers
not a small challenge for programmers,
Computer experts say
security. "Computer security
- it is a process. You keep cultivating
things bug fixes", - He speaks
Andersen from the Bitcoin Foundation. He says that
payment network is trying to avoid too
biggest mistakes in order not to go bankrupt
the entire system and not to come to the financial
crisis, creating a large infrastructure,
which has no central
divisions. Simply they did not
to find.
7. The money you will have to
print your "digital" money
Like any digital
information, digital money are vulnerable
for hackers. One way to protect
its virtual currency, as it is
funny - it is to keep it off
mode.
Bitcoin users
are unique "address" own
means, using the private key
password. Print the password and store it
in the safe will help protect your Bitcoins
from hackers while you do not use them
for transactions. By the way, there
Special services for the storage of your
Bitcoins. But there is nothing to say about them
can not, they have only recently emerged.
Andresen says that online currency
I need a year or two to develop
safety and comfort before
the user will feel
comfortable and be able to say "Yes, I could
to use Bitcoin as
primary bank account".
8. The Commission on operations
Bitcoin with low, but maybe,
for a short time
One of the frequently cited
Bitcoin benefits: not so expensive to
spend money. US banks
collect hundreds of billions of dollars
by various operating costs
in year. And fees for virtual currency
operation is usually lower than that of
credit cards and banks, and sometimes
absolutely not. For sellers, here too,
big plus - they can do
additional discounts for those who
paying Bitcoin because
themselves to save on transactions.
9. The currency can not
protect your bank account
Dzheyms Singlton, digital
Manager at Red Bull Music Academy in Germany,
once he left his computer on,
while I am driving home - about 4 pm.
Three hours later he received a letter from
Amazon with the announcement that his account hacked
on the mystical $ 2600, as well as 100 new
large databases, which he never
I did not create - in Dublin, Hong Kong, Tokyo
and the United States.
"I was furious
this message"- says Singleton.
His loss account soon exceeded
$ 5100. Amazon dropped the charges, telling him that
the company has already seen similar cases,
when people got into the wrong account
to produce cryptocurrency.
Bitcoins are created
through a special process, wherein
computers solve complex mathematical
tasks. This requires a high-power
and electricity, so some
spend other people's money on it - some
Hackers penetrate the cloud accounts of people
to create data centers that
It uses a system for digital currency.
10. You may need
Bitcoin in one day,
whether you like it or not
Among the sellers,
accepting Bitcoin, there manufacturer
Dell computers online platform
WordPress Content, hairdressers, bars,
doctors and even the Latvian airline
AirBaltic. Despite the open-ended questions
Bitcoin security system is
relatively cheap and attractive
for many.
Start material - 10 things that you would never say Bitcoin - Part 1
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