KpopMelody
Tue May 14 2024
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5 answers
1110
Why can't Bitcoin be stolen?
I'm puzzled by the assertion that Bitcoin cannot be stolen. Could you please elaborate on this? After all, cryptocurrencies are digital assets that rely on complex technological systems. In the realm of cybersecurity, no system is ever completely impervious to theft or hacking attempts. Given Bitcoin's decentralized nature and the anonymity it offers, wouldn't it be a prime target for cybercriminals? Moreover, I've heard stories of exchanges being hacked and large sums of Bitcoin being stolen. How does this fit into the narrative that Bitcoin cannot be stolen? Is it perhaps a matter of proper security measures and vigilance on the user's side? Or are there inherent security features in the Bitcoin protocol that make it resistant to theft? I'm genuinely interested in understanding this aspect of Bitcoin better, as it seems to contradict some of the common misconceptions surrounding cryptocurrencies. Could you please clarify?
