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The most valuable part of Bitcoin is being able to carry a fortune unafraid of theft either from a petty criminal or an employee of the government. Like weapons
by jeofken 5y ago
The most valuable part of Bitcoin is being able to carry a fortune unafraid of theft either from a petty criminal or an employee of the government. Like weapons a very powerful technology that escaped Pandora’s box.
- deleted 5y ago[deleted]
- overcast 5y agoI'm sorry, but are you really suggesting that millions of dollars worth of Bitcoin has not been lost to theft or seized by the government since its inception?
- jeofken 5y agoNo, I’m not suggesting that
- ivalm 5y agoTraditionally, theft occurs with a sharp object at your neck. I don't think bitcoin protects against that. Not to mention that more mundane theft/government seizure/etc has already happened.
- jeofken 5y agoWhile there are no absolutes (but this one) there are no other way to, by remembering 12 words, carry millions with you. My point is simply that this application makes it valuable - regardless of any value judgement one may wish to make