4 ms·
also much more difficult for average person or even gigantic corporation to secure than a physical good e.g. gold. And coins change over time with forks n crap,
by zzzzzzzza 9y ago
also much more difficult for average person or even gigantic corporation to secure than a physical good e.g. gold. And coins change over time with forks n crap, gold just stays gold.
- nicky0 9y agoIt's very easy to secure. Just generate a private key offline and never tell it to anyone.
- y4mi 9y agoGold is very easy to secure. Just dig a hole and throw it in. Nobody will find it if you don't tell anyone about it. Seriously! A digital key is NOT easier to secure than a physical one. If anything, it's harder. Gold only becomes hard to store if we're talking about huge quantities
- nicky0 9y agoPrint the key on paper and put it in a safe. How is that not easy? Or etch the key on a piece of metal, seal it in plastic, and throw THAT in the ground, if your are that way inclined! I don't see the difficulty.
- lunchables 9y agoYou can do the exact same thing with bitcoin. Write the write the recovery key on a piece of paper and bury it in a box. The advantage of bitcoin is you can encrypt it and store it offline in as many locations as you want.