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That is analogous to someone having the key to your house, but you don't know it until they've stolen your gold. I don't think it's substantially different. On
by Torgo 12y ago
That is analogous to someone having the key to your house, but you don't know it until they've stolen your gold. I don't think it's substantially different. On the other hand, if you have a brain wallet and have never even put your device online, you could have bitcoin sent to an address that has a level of security impossible to achieve for any physical asset.
- vectorpush 12y ago> That is analogous to someone having the key to your house, but you don't know it until they've stolen your gold. I don't think that's an apt analogy because, at the very least, a thief still has to physically enter your home, putting them at a much greater risk of detection as well as risk of arrest, personal injury or death while attempting to burglarize a home. There is also additional risk in the effort required to locate and break/steal a physical safe. Further, the population of potential attackers is much wider with bitcoin compared to gold since it is impractical for bots or thieves abroad to steal physical gold from your house.