THE DARK TRUTH About Bitcoin

in bitcoin •  7 years ago 

SECRETS The Ultra Rich Don't Want You To Know
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You’ve probably heard about the spike in bitcoin prices lately and wondered if it’s something worth investing in. After all, the traditional stock market comes with risks too, so what is the difference? Investing in bitcoins is volatile at best, and there are some dark facts about this cryptocurrency that may make you think twice. The truth is that the decentralized and anonymous nature of bitcoins makes it easy for unscrupulous people to use them to commit crimes and launder money. It’s also shocking how many people completely lose their bitcoins as the result of online theft or a simple hardware malfunction. If you’ve considered bitcoin mining, you might be surprised how easily you can lose money if you don’t invest a ton of money in a large scale operation. Pooling your resources with other miners might seem like a no-brainer, but it turns out that your cut of the profits might be less than safe in that scenario.

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  ·  7 years ago (edited)

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