How secure is Bitcoin?

Bitcoin is considered to be a secure form of digital currency. It is powered by blockchain technology, which is a decentralized, distributed ledger that records and verifies transactions. This system provides a high level of security, as it is nearly impossible for a hacker to alter or reverse a transaction once it has been recorded on the blockchain. Additionally, Bitcoin users can protect their funds with strong passwords and two-factor authentication.

Furthermore, Bitcoin transactions are anonymous, making it harder for cybercriminals to track and target users. Finally, Bitcoin users can further secure their funds by taking advantage of services such as cold storage and multi-signature wallets.