Originally posted by doodab
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Bitcoins
Collapse
X
-
Originally posted by MaryPoppinsI hadn't really understood this 'pwned' expression until I read DirtyDog's post. -
I'm annoyed that I didn't dabble in these when I first though "oh, that sounds interesting".
It makes sense. An independent, anonymous store of value away from states and banks.
Don't really understand the investment though and seem to have missed the boat now.Comment
-
Originally posted by doodab View PostWhat sort of idiot entrusts cold hard cash to strangers on the internet with no guarantees though? Anyone with any sense would be keeping their wallet more secure.
Should I have bought them when they were < $10? Maybe...Comment
-
Originally posted by AtW View PostMain problem isn't getting 100% security but some redress AFTER it is breached - with bitcoin you can do fook all after it's stolen and that's why (one of the many reasons) it can't replace money.While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
-
Originally posted by doodab View PostExactly like cash then. **** all you can do if your physical wallet is stolen and someone takes the cash out of it.Comment
-
Originally posted by doodab View PostExactly like cash then. **** all you can do if your physical wallet is stolen and someone takes the cash out of it.
Plus, how much you keep in cash anyway? There is no way to secure bitcoins 100% and 0 recourse after they are stolen.Comment
-
Originally posted by DieScum View PostI wonder if there is an opportunity for an insured online bitcoin wallet.Comment
-
Originally posted by AtW View PostNot at all - CCTV can catch guy who stole it and then he can be found and made pay for it - with bitcoins someone can hack into your system and take your money, you won't have ANY chance of getting it back.While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
-
Originally posted by doodab View PostYou could keep your bitcoin wallet in your house on an encrypted USB drive, and you can both keep a back up of your bitcoin wallet and guarantee that a thief can't open it. You can make it as secure as you want, keep it in the safe if you like.
It's only good as transient credits that get turned quickly into real money.Comment
-
Originally posted by AtW View PostThe point is that once stolen you got ZERO recourse.
What about if there is no CCTV? The backed up, encrypted, inaccessible bitcoin wallet is much more secure than physical cash then.While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment