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Imagine Bill Gates stored all his money in cash in a room in his house. That's probably more secure than crypto, where click of a button can siphon it all away
by adam_arthur 5y ago
Imagine Bill Gates stored all his money in cash in a room in his house.
That's probably more secure than crypto, where click of a button can siphon it all away. At least with physical money you have to be able to carry it, and physically present to steal.
I'm sure there are strategies like using multiple wallets etc, but overall it will never be mainstream if you put the onus of security on the individual. Literally just typo-ing an address can disappear all of your money.