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That's exactly what I'm talking about. I know the difference. You are trusting your money with someone who can't even make simple critical updates to an app.
by TallboyOne 14y ago
That's exactly what I'm talking about. I know the difference.
You are trusting your money with someone who can't even make simple critical updates to an app.
Furthermore: unless some established institution wants to work with bitcoin.. like a bank, then youre leaving your money up to the hands of some individual developers who, as made apparent by this post, dont really have their shit together.
I could be wrong, there could be some massively secured bitcoin bank somewhere with a large team of security experts, insurance, etc... but based on the fact that most bitcoin banks i see use an unstyled bootstrap theme I can't imagine they really know what theyre doing.
cliffnotes: I have yet to see a bitcoin bank website that doesnt look amateur as hell. I bet money that whatever bitcoin bank was hacked had all kinds of pages on it about "how we have a full team of security advisors making sure your money is safe!" yeah right.
bitcoin itself is cool, the mediums used to store your money are what I'm not trusting.