4 ms·
While I find it difficult to believe you don't actually understand what I was saying, I will clarify. The basic difference is that if someone manages to steal
by trotsky 16y ago
While I find it difficult to believe you don't actually understand what I was saying, I will clarify.
The basic difference is that if someone manages to steal $1000USD from my bank account, the overwhelming odds are that I'll get it back, if for no other reason than my bank will cover it. If someone steals 1000BTC from my wallet, the odds are vanishingly small that I'll ever recover it.
Clearly the CIA isn't acting directly on behalf of your grandmother if someone steals her credit card, but then again local law enforcement isn't acting to derail sophisticated electronic attacks against the international banking system. Never the less, they both have their roles that they play in protecting the financial system over all.
- dublinclontarf 16y ago>if someone manages to steal $1000USD from my bank account, the overwhelming odds are that I'll get it back, if for no other reason than my bank will cover it. That all depends on how they stole it. If they skimmed your ATM card and got the pin then they have the money, and it's gone, and your bank won't give it back(you're supposed to keep the PIN secret remember), and the police can do nothing. The overwhelming odds are that your money, once gone is gone for good. Also people don't steal bitcoins from your wallet, maybe they can steal the wallet itself but not the bitcoins from the wallet, and if that wallet is encrypted then good luck with that.