Home Forums coins Bitcoin Why Bitcoin is better than banknotes Reply To: Why Bitcoin is better than banknotes


Banks and authorities are very worried that Bitcoin and other virtual dollars are subject to counterfeiting, just like a lot of other types of money. The risk though is pretty low with cryptocurrencies- but there is no government agency or central authority that is regulating Bitcoin. You do have to look out for loss of money with these cryptocurrencies, because you can lose the the money from hackers and malware.