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Cash survived thousands of years with this weakness. I'm sure cryptocurrencies would, too. In fact, it would be easier to make the case that this was you money
by xorcist 12y ago
Cash survived thousands of years with this weakness. I'm sure cryptocurrencies would, too.
In fact, it would be easier to make the case that this was you money, thanks to the transparency of the block chain (and the fact that you have the keys).
- codeshaman 12y agoTrue, the only difference is that cash (or any physical store of value, like gold) becomes cumbersome in large amounts. And random people having large amounts of cash or gold in their apartment is pretty rare. 1000 BTC on the other hand have no physical form so it's much more convenient.