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What could possibly go wrong. It's not like bitcoin exchanges get hacked every 6 months.

• wmf 14y ago
  No, this is the one that's not going to get hacked. Because YC. Or something.
  • duiker101 14y ago
    Yhea....no. Because they are in YC doesn't mean nothing. Really it could be the NASA or the FBI or whatever. If there is money in it (specially untraceable money like bitcoin) someone will hack it.
    • srdev 14y ago
      I'm not sure I like this handwavey security argument. There are lots of services handling money that don't get hacked, at least not in ways that cause a loss of said money. Treating being hacked as a foregone conclusion is rather bad practice. Its a poor argument to try to excuse the Bitcoin community's abhorrent record with security (sans the actual Bitcoin protocol, which is quite secure).
  • Dylan16807 14y ago
    They're doing the smart thing and keeping most of the money offline. Some level of hacking is inevitable but they'll be okay.
    • srdev 14y ago
      While one should design things as if it is, hacking is not, in fact, inevitable, and its possible to run properly-secured money-handling services. Speaking from personal experience. I realize this is a common sentiment in the Bitcoin community, but its not true and its one of the reasons why security has not improved over there.