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To: RandFan

Bitcoin exists only in electronic impulses. When the owner of the website and the software decides to cash it all in, and dismantle the website, you are left holding your keyboard.

There will be no trace of Bitcoin. No use going to Google’s cache. No owner to track down and sue. Your “money” will have vanished, and there is no insurance. No monthly statements in the mail. No 1099s to the IRS. Gone.


17 posted on 06/07/2021 8:36:13 AM PDT by I want the USA back (The reflectance of my epidermis does not give anyone the right to assume anything about me.)
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To: I want the USA back
Bitcoin exists only in electronic impulses. When the owner of the website and the software decides to cash it all in, and dismantle the website, you are left holding your keyboard.

Bitcoin isn't a website. It's a distributed ledger that cannot be turned off or shut down.

22 posted on 06/07/2021 8:39:19 AM PDT by palmer (Democracy Dies Six Ways from Sunday)
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