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How on earth are normal people supposed to trust bit coin. When best practice is to treat it like paper money.
by treeman79 4y ago
How on earth are normal people supposed to trust bit coin. When best practice is to treat it like paper money.
- thebeardisred 4y agoTechnically, it's more like "treat it like any non-fungible asset". Plenty of "normal people" use combinations of physical security to protect their assets. Safes, deposit boxes, tamper proof materials etc.
- throwaway290 4y agoWhat... paper money and gold bars are non-fungible now?
- paulpauper 4y agoIf BTC is $1/coin , it is fine to not be paranoid. $16,000+ changes the game completely.
- hgsgm 4y agoThat's not how it works at all. "Bitcoin" is just a unit of measure, except for the brief moment of mining a new one. Would you be less paranoid if your savings were denominated in pennies vs dollars?
- wesapien 4y agoAs others have said, he for whatever reason had a completely lazy setup for someone who develops for Bitcoin Core. He doesn't even use a hardware wallet or use a separate computer for his BTC bag or other sensitive data.