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The headlines are practically always either about centralized bank-like exchanges that hold crypto on behalf of others losing it, or about people losing money t
by AgentME 9y ago
The headlines are practically always either about centralized bank-like exchanges that hold crypto on behalf of others losing it, or about people losing money they put into a badly-written Ethereum contract. The number of situations that people lost properly-handled cryptocurrency (they didn't send it to the wrong address, they had a backup, and they used a hardware wallet or malware-free computer) with a mainstream client have been practically non-existent.
- ebbv 9y agoYou realize the user hostile nature of basically all crypto currencies is not a feature right?
- AgentME 9y ago"You should have a backup and double-check the address you send to" is a user-hostile high bar? I mean, maybe for non-technical people, but I'm not exactly recommending bitcoin or any cryptocurrency to them. Something can have its uses without having to be everything to everyone.
- ebbv 9y agoThe comment I was replying to was saying we need to replace banks with crypto. The user hostility is one reason why that's nowhere near happening.