|
| ▲ | 8organicbits 19 hours ago | parent | next [-] |
| That's a silly assumption to make. I'm clearly talking about the poor security offered by cryptocurrency, in practice, as evidenced by the frequent hacks impacting cryptocurrency companies. |
|
| ▲ | braingravy 20 hours ago | parent | prev | next [-] |
| Are banks breached at the same rate as bitcoin brokers? I think that was op’s point. |
|
| ▲ | CPLX 19 hours ago | parent | prev | next [-] |
| No. It's like saying that cash is risky when a bunch of cash gets stolen or lost. |
| |
|
| ▲ | shadowgovt 14 hours ago | parent | prev [-] |
| When a bank gets breached, there are mechanisms to make the victims whole, up to and including "Just print money; it's a fiat currency." No such mechanisms in Bitcoin, so hacks have longer-term impact. |