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When Bitcoin Exchanges Get Hacked, Don't Blame Bitcoin

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When Bitcoin exchanges get hacked, the mainstream financial media tends to spread the myth that the Bitcoin code was compromised.

But that's not true. The Bitcoin protocol has never been hacked and is based on such strong encryption that it can't be hacked by current technology.
The Bitcoin exchanges get hacked (and hacked often) because of their own security flaws. That means Bitcoin users need to find safer places to store their bitcoin.

Fortunately, there are plenty of options...

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The post When Bitcoin Exchanges Get Hacked, Don't Blame Bitcoin appeared first on Money Morning - We Make Investing Profitable.


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