4 ms·

I did as well. How do financial instruments (bonds, mutual funds, sporting bets) compare? Surely these would have protection from theft, even electronic versio

• Cthulhu_ 11y ago
  The way I see it, you can't have a decentralised, unregulated currency as well as protection from theft from a government / legal system - the two are mutually exclusive. If you want your money to have some protection, use a regular currency with a regular bank - even if that bank goes out of business and its owners go to trial for embezzlement, you'll still get at least part of your money back.
  • taejo 11y ago
    If you have a chair in your front yard, and I walk off with it, that's theft. You wouldn't say "chairs are decentralised and unregulated, you can't expect protection from the government". If I burn it, you wouldn't say "I should have bought regular, fireproof furniture." I can't give it back to you, but I should still compensate you.
• s73v3r 11y ago
  You can't really point to a particular Bitcoin and say, "That's my Bitcoin."