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happyopossum 20 hours ago

That’s like saying the $USD was hacked when a bank gets breached.

8organicbits 20 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.

johnisgood 6 hours ago | parent [-]

Which it does. :D

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.