Bitcoin safety

[OldTimer07]

Once the bitcoin is in my wallet, the person who sent to me cannot get it back in anyway correct? Not unless I send it right?

 

[funbox]

you can never charge back bitcoins.

 

Bitcoins are safe, no chargeback possible

 

Bitcoins are as long as you wait for 1 or more confirmations on the transaction.

 

[LooneyToon]

The bitcoin network does not have a charge-back feature.

However, if your wallet is stored on your PC someone could infiltrate your PC and have access to the wallet. So if you plan on moving large amounts of bitcoin you may want to consider storing your bitcoin with an exchange like coinbase.com (not recommended for long term storage) or just make sure your PC is secured.