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That's all true. It's also the only way anyone is going to trust an online bitcoin wallet. Why is it surprising that it would be expensive?
by polemic 14y ago
That's all true. It's also the only way anyone is going to trust an online bitcoin wallet. Why is it surprising that it would be expensive?
- itcmcgrath 14y agoNot surprising; 'Insurance' is less likely to have the impact people are saying it will - either it will be incredibly hard to get insurance in the first place (making it more of a non-factor), and/or it will not provide the same level of coverage/safety-net as you get with a Bank, and hence BTC will never get to the same level of trust. Either case, I don't think 'Insurance' is going to be the magic thing that will make BTC as viable as traditional currencies.