The Digital Conglomerate Magazine Inc June 2014 Issue | Page 19

These systems are on the brink
of collapse even though there is
adequate regulation and
monitoring.
Some are calling for
regulations while others just have
the attitude that they will be
careful and invest their money
wisely in Bit Coin. Without the
backing of governments it just
may be a wise decision to let the
market do what it must. The
great thing that Bit Coin has a
hold on is how the technology is
made to be convenient and
sensible. Bit Coin and its
technology team are
continuously hard at work
patching up holes that could lead
hackers to try and exploit the
digital currency. Without this
massive and continuous amount
of updating and security
development it would not be
possible for large companies to
partner with them and accept
payment for goods and services
by using Bit