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And all the transactions are recorded on a public ledger (bitcoin blockchain) and no one will will be able to intercept this transfer.
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Bitcoin has no such safety net. Naturally, with such an amount of attention that it receives, this particular cryptocurrency possesses a lot of dedicated wallets. In addition to ensuring the security of cryptocurrency transactions, this system is enabled to prevent multiple spending of the same funds. Bitcoin trading accounts might not be insured. Bitcoin mining does use a lot of electricity, but that energy use is what makes the network secure.
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It is securely protected by cryptography.
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Good investment is meant to be stable and predictable. Like gold it can be stolen, and cryptocurrency is a bit like an equivalent to gold as it's a store of value of what people are putting in. Bitcoin is a decentralized currency, there is nothing really official here except for the code supported by the consensus of core developers and users. Taxes on bitcoin mining profits. Bitcoin can also be lost or stolen.
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How safe is bitcoin, really?
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