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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