Is Bitcoin really anonymous?
January 2, 2017

Is Bitcoin safe?

This depends what you mean by safe. Safe to buy or safe against hackers?

 

If you’re worried about someone hacking your wallet, the underlying cryptography for Bitcoin has been studied in detail, and is believed by experts to be secure. Assuming that you choose a strong password for your wallet, your Bitcoins should be safe from theft (many wallets provide fingerprint validation, like Copay).

We are confident that some type of cryptocurrency will become widely used in the future, since it offers unique and useful features. But there is the possibility that some other currency will be developed that is superior.

Also, Bitcoin is very volatile. So if you’re looking for a safe investment, you’re probably better off sticking to more conventional options.

 

Partial source: quora.com

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