Does Target's Flub Open or Slam the Door for Bitcoin?

The news of Target's credit card problems has prompted some to wonder if there are safer payment alternatives, like Bitcoin. In this segment of The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss Target's issues and why Bitcoin may not be the best choice.

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  • Report this Comment On December 23, 2013, at 1:58 PM, fluffheadsr wrote:

    your comments about bitcoin are innacturate. Bitcoin users would not be affected or have their money stolen, in a situation like this anymore than someone paying in cash would have. In a bitcoin transaction there is no personal information stored on targets side, and especially not the private key which is what is needed to complete a bitcoin transaction. At most the theives would have gotten a list of public keys, which is practically useless.

    If fool.com would like to hire an expert bitcoin annalyst for these videos you can contact me.

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