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> Given that most people's computers are a cesspit of malware.. ...so instead we should put it on Nieman-Marcus' cesspit of malware? > the issuer just leans o
by drcode 13y ago
> Given that most people's computers are a cesspit of malware..
...so instead we should put it on Nieman-Marcus' cesspit of malware?
> the issuer just leans on their insurance...
"Cars are better than horses because then there isn't shit all over the streets."
"No, horses are better because we just pay people to pick up the shit."
- nwh 13y agoI'm quite fond of Bitcoin, but to say it's usable is a bit much. I feel a lot more comfortable in a world where I am insured verses sorting money in paper wallets and exchanging through websites with crazy security theatre and not much else. The crypto is strong but the community and support is weak to non existent. The end point is that Nieman-Marcus' breach won't financially effect a single person thanks to insurance, had it been a bunch of Bitcoin private keys compromised then we'd have a completely different, more disastrous situation.
- drcode 13y agoThere's no question a lot more needs to be done before cryptocurrencies are ready for mass adoption, but at least a path is now forged for addressing ecommerce theft. Can't wait until a decent hardware wallet is available, precisely for the reasons you describe.