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You're missing the point. The point is that the poorest Bitcoin wallet is as secure as the richest wallet. Whereas in legal-land, the more money you have, the

• CharlesW 4y ago
  > The point is that the poorest Bitcoin wallet is as secure as the richest wallet. I stand by my point that crypto disproportionately benefits the rich far more than fiat. In my view that extends to wallet management, since the rich have security staff dedicated to keeping their Bitcoin secure.
  • codehalo 4y ago
    You don’t need a security staff to keep a bitcoin wallet secure, that is a very odd comment. Cryptocurrencies are not about making poor people rich and rich people poor. It is about having the a ability to do frictionless, uncensorable financial transactions among many other things.
    • CharlesW 4y ago
      > You don’t need a security staff to keep a bitcoin wallet secure, that is a very odd comment. The "Bitcoin rich" are vaulting their BTC in tens or hundreds of wallets, mostly cold (hardware and paper), and those have to be managed, backed up, and secured. > Cryptocurrencies are not about making poor people rich and rich people poor. Agreed, crypto culture leans to wealth redistribution from suckers to grifters.