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Key escrow is already a thing. I recently helped a friend recover his wallet, and luckily he had his private key escrowed.
by jnwatson 6y ago
Key escrow is already a thing. I recently helped a friend recover his wallet, and luckily he had his private key escrowed.
- UncleMeat 6y agoIs it already a thing my grandmother can use? She has a working bank account but doesn't understand that minimizing gmail doesn't delete here emails.
- hanniabu 6y agoThe UX is getting better every year. It's like saying the internet was doomed to fail because your grandma couldn't use it in 1990
- thecupisblue 6y agoNo it's not. The adoption rate in 2021 is way faster than in 1990. Most people weren't required to adopt a tech in 1990 to live their normal life, while in 2021 it is a norm to constantly be adapting to new tech.
- hanniabu 6y agoThe adoption rate is faster because people can communicate easier. It's not at all comparable to the state the tech is in.
- UncleMeat 6y agoI'm not saying that bitcoin is doomed to fail for this reason. I'm saying that "key escrow already exists" is a bad argument.