3 ms·
How is this better than paper money? Store your paper money in a few secret locations, and have your accomplice run to those locations and take the money somew
by betterunix 13y ago
How is this better than paper money? Store your paper money in a few secret locations, and have your accomplice run to those locations and take the money somewhere else when you are arrested.
- Karunamon 13y agoBecause if two people have a copy of the wallet file, you've got a situation which is essentially impossible with physical currency. I'd liken it to two physical credit cards with the same number, but that's a poor analogue as the feds can just ring the card company and have the account seized regardless of the physical "pointers" to that data. Bitcoin, access to the wallet file = access to the funds, at least until there's a spend. I believe that makes it rather unique.