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> For bitcoin to succeed, it needs to become safe. It's still incredibly easy to lose your money if it's stored in bitcoin. It's not that "bitcoin has to becom
by fragsworth 12y ago
> For bitcoin to succeed, it needs to become safe. It's still incredibly easy to lose your money if it's stored in bitcoin.
It's not that "bitcoin has to become safe" - it's that the users have to become security-minded. If it's even possible for that to happen in a mainstream way, it's going to be a very slow process. Like decades or generations.
- bobbygoodlatte 12y agoOr they can just use Coinbase Vault :) https://coinbase.com/vault https://coinbase.com/vault
- sillysaurus3 12y agoIf Coinbase goes out of business, you'll lose all your money. Coinbase is a startup, and >90% of startups fail. "Vault" is a marketing term designed to make people feel comfortable for no reason. Given this major disadvantage, what benefit does Coinbase Vault offer to outweigh it?