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And how would they go about capitalizing on the bad PR, considering that Bitcoin security is far, far worse than even the sloppiest credit card system? Virtuall
by ufmace 12y ago
And how would they go about capitalizing on the bad PR, considering that Bitcoin security is far, far worse than even the sloppiest credit card system? Virtually every business dealing in Bitcoin has been hacked, and this basically always results in the full balance of their bitcoins being stolen and the attacker getting away with it clean.
The credit card system has its issues, but even these massive thefts of numbers generally lead to no financial losses for customers and modest losses for banks and retailers, and the attackers often do get tracked and caught. The biggest complaint on here is that the losses are not high enough to convince these companies to pay serious attention to security.