Is Bitcoin Safer Than Gold?

With President Trump's problems and political grandstanding dominating the daily news cycle, several major stories have been pushed out of the spotlight. A global cyberattack that covered 150 countries, 200,000 computers and major institutions like FedEx (FDX) , the U.K. National Health Service and the Russian central bank has received comparatively limited coverage. At the same time, the alternative digital currency, Bitcoin, which was born in cyberspace, has reached all-time highs. Gold gets honorable mention as a safe haven, but not much more. But where does the real risk, as well as the real value, lie? 

In view of the severity of the latest cyberattack, it is only prudent to examine cybersecurity in relation to our financial system. The central bank of Russia, Bank Rossii, was one of the victims of this latest attack, but the Federal Reserve Bank of New York was also a victim of cybertheft as recently as February 2016. That heist of $81 million was linked to Bangladesh and possibly North Korea. ...602 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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