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Pretty much this. Bitcoins are like carrying around cash. Most folks will not argue that you own it, since it's in your pocket, but if someone picks your pocket
by craftyguy 9y ago
Pretty much this. Bitcoins are like carrying around cash. Most folks will not argue that you own it, since it's in your pocket, but if someone picks your pocket in a crown then there's no way you're getting it back.
- koiz 9y agoNo they aren't. When did cash get 2 factor auth?
- craftyguy 9y ago2FA is not inherently part of bitcoin's design. It's something that can be enabled, but not all implement it.
- koiz 9y agoSo I ask again... Where's Cash's 2 factor auth. All of the major wallets/traders use 2FA and all the hardware wallets have it too. It's like saying... Well there's safes and banks for cash but its something that not everyone "enables" but you and I both know they use it.
- losteric 9y agoWhen has 2fa stop a bullet or knife? Very little cash is stolen by pick-pockets or home burglars. People open their wallets because they fear pain, it doesn't matter how many locks are on the wallet. relevant xkcd: https://xkcd.com/538/ https://xkcd.com/538/