Is bitcoin safe? Bitcoin isn’t safe or secure debunked
One of the main concerns with Bitcoin is its security. Bitcoin's success, however, is actually built on the protection offered by the technology that underpins it: the blockchain. The Bitcoin blockchain is a decentralised, open-source, immutable ledger. Here's all you need to know about how it works and the safety it offers.
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0:00 Is bitcoin safe?
0:57 Bitcoin blockchain
1:15 Is bitcoin traceable?
1:50 51% attack
3:01 bitcoin deep cold storage
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Cryptocurrency is a high risk investment that's not regulated in the UK. The value of cryptocurrency can fluctuate and you may lose your capital without recourse to financial regulators. Fees apply when you buy or sell cryptocurrency and Capital Gains Tax may be payable on profits when you sell.
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