Hacker News Reader

I'm really sorry to be that guy but.. again? Even the article says it's 4th time this month. What's going on?

What's going on is that this is just showing what any sane people already knew: any kind of commercial transaction must be backed up by actual real life laws or sooner or later one of the parts gets ripped off.

Nobody can - or I would dare say, likes - to be watching is own back every single moment or their existence... but that's what crypto in general expects you to do.

I've been in crypto since early 2013 and I only check my wallet balance when I need to transfer coins to/from it. I may have opened my wallet 5 times in the past 4 years. The risk is increased when you don't control your own private key, if you do, the risk of losing your coins is very small.

Still, I'm not into crypto currencies at all and I only hear about Bitcoin (that's understandable) and Etherum (due to all these hacks, the first being the one that lead to ETC vs. ETH fork).

Reply on news.ycombinator.com