3 ms·
One could argue that the greatest weakness in this case is in holding your life savings in cryptocurrency.
by htk 7y ago
One could argue that the greatest weakness in this case is in holding your life savings in cryptocurrency.
- ahaseeb 7y agoHave happened to people having a bank account as well
- battery_cowboy 7y agoNot only that, but holding it in a way that they can get to it. If I had a million bucks in crypto, I'd have a few geographically separate offline laptops with the codes on them, fully encrypted, as cold storage.
- ahaseeb 7y agoPeople are generally lazy and it has happened to non-crypto folks too where other information was stolen
- battery_cowboy 7y agoIt's rare to impossible to do this to a regular bank account, and if they did, the bank would be liable. Crypto is a great solution for some stuff, but it's not a pancea to solve every problem.