Many Bitcoin exchanges have been hacked and lost customer funds. Although most Banks do not authorize the use of credit cards to buy Bitcoins, some credit card providers whose sole business is to offer credit are flexible and offer the service. To buy bitcoin with a pre-paid debit card you will have to exchange it locally using LocalBitcoins. The original concept was to create a substitute of the conventional currency that at the time, seemed to be elusive in the crippling Financial Crisis. With such a potential, it is worthwhile to consider aspects of Bitcoin such as its history, payment options, biggest scams in history and the wallet.