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Ultimately, the founders of bitcoin companies need to understand security themselves or they won't be able to hire and manage a competent team. Despite all the
by tlb 11y ago
Ultimately, the founders of bitcoin companies need to understand security themselves or they won't be able to hire and manage a competent team.
Despite all the theoretical advantages of blockchain over conventional banking protocols, they are not doing categorically better than banks at avoiding major losses. Although, the numbers at http://www.risk.net/operational-risk-and-regulation/opinion/2454379/bangladesh-bank-fraud-is-a-comedy-of-op-risk-errors http://www.risk.net/operational-risk-and-regulation/opinion/... are shocking.