Published on May 27th, 2017 | by bitcoin0
Cyberthreats make Bitcoin a safe haven
Earlier this month, hackers executed a global cyber attack, reportedly attacking over 150 countries, including public and health care systems and individual computers.
All Bitcoin transactions are stored in the Blockchain, a distributed ledger and record-keeping system.
On the other hand, some of Blockchain’s advantages can also be considered challenges, particularly issues relating to digital identity, privacy and cyber-security.
This raises the question whether the use of Bitcoin should be regulated and if so, to what extent?
In New York, for example, where virtual currencies are considered a commodity, individuals can open an online Bitcoin account.