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The best thing about bitcoin is that it's decentralised and under your control. And what all these companies are trying to do is make it centralised and externa
by Paul_S 14y ago
The best thing about bitcoin is that it's decentralised and under your control. And what all these companies are trying to do is make it centralised and externalised from the users. Despite such wallets being stolen repeatedly people don't seem to get deterred.
Bitcoin is safe because it's distributed. Safe from manipulation because no single entity has control over it, and safe from thieves because they'd have to go after each person individually. By centralising it you are making it more vulnerable.
Apparently convenience is more important than anything else.