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I see a huge opportunity right now for the first major insurer that can figure out the actuarials on this and offer a product to bitcoin exchanges.
by mortenjorck 13y ago
I see a huge opportunity right now for the first major insurer that can figure out the actuarials on this and offer a product to bitcoin exchanges.
- goldenkey 13y agoThere's no way to prove whether a hack is internal. So the only opportunity is to get screwed, just like a customer, but worse.
- sillysaurus3 13y agoSad to say, but this is probably correct. Bitcoin's anonymity for private keys is also its greatest weakness right now. In the case of disaster, there's no way to prove whether a private key was lost, stolen by an external party, or stolen by the founders. Bank accounts are much easier to audit.
- wmf 13y agoThis calls for HSMs with audited code. (Not that anyone could afford it.)
- deleted 13y ago[deleted]