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This incident was a bank robbery. Cash has the same problem. It's not like the thief subverted a flaw in bitcoin security. He ruined a crappy centralized servi
by mdonahoe 14y ago
This incident was a bank robbery. Cash has the same problem.
It's not like the thief subverted a flaw in bitcoin security. He ruined a crappy centralized service built on top of a decentralized system.
- jsprinkles 14y agoMore like a bank designed with an overly weak vault, because nobody at the bank spent a lot of time designing a very secure vault.
- drivebyacct2 14y agoWhich means the currency the bank housed has a "not real" market, obviously. That's the "logical" conclusion, right?
- namidark 14y agoExcept banks are FDIC insured.