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<p>[QUOTE=&quot;Jason.A, post: 2841969, member: 87620&quot;]I think rather than illustrating the benefit of bitcoin you&#039;ve exposed one of the problems in owning gold and silver. </p><p><br /></p><p>If I have 100k in the bank and someone hacks into my account and steals it, I will almost certainly get the money back. If my bank goes under, I will certainly get my money back.</p><p><br /></p><p>If I own precious metals and someone steals them from me, I am out of luck.</p><p><br /></p><p>If I own bitcoin and someone hacks into my account, I am out of luck.</p><p><br /></p><p>Which one do you suppose is smartest to put your money in? The answer is obvious: FDIC-insured banks.[/QUOTE]</p><p><br /></p>

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