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> I don't understand why people continue to naively trust these online wallets or even exchanges A huge proportion of Bitcoin enthusiasts are speculators. It's
by gamble 15y ago
> I don't understand why people continue to naively trust these online wallets or even exchanges
A huge proportion of Bitcoin enthusiasts are speculators. It's hard to speculate without using an exchange. Bitcoin is an interesting system in isolation, but in practice users want the convenience of services that undermine the original goals of Bitcoin as decentralized currency.
Honestly, every time a story about Bitcoin comes up, I'm reminded of EVE Online. It seems to be a community entirely made up of speculators and those trying to scam them.
- deleted 15y ago[deleted]
- drivebyacct2 15y agoYeah, but there's no need to leave your money with the exchange once you've changed currencies. The problem with MtGox was that someone was effectively using it as their wallet... probably for convenience, but frankly, it's not that hard to add/remove BTC from your exchange account so as to not take extra risk and leave it available for a hacker or snooper to take.