Bitcoin ‘hard to cheat,’ says PH digital currency firm

MANILA – Bitcoin trading is “hard to cheat” and trading of digital currencies have not been hacked in the last decade since it was founded, a cryptocurrency pioneer in the Philippines said Friday.

Blockchain, which tracks bitcoin transactions, functions like a public ledger, said Satoshi Citadel Industries founder Miguel Antonio Cuneta. The company is building the Blockchain ecosystem in the country.

“It’s really hard to cheat. If you try to make fake bitcoin transaction, everyone will see it and they will not approve it,” Cuneta told ANC’s Early Edition…

Read Full: Bitcoin ‘hard to cheat,’ says PH digital currency firm