For crypto yes you can have a hard wallet, but it can still be stolen from you without anyone physically touching your hard wallet.
I don’t and won’t see the appeal for crypto until it has a killer app that people NEED to use for another reason than “I can get rich quick”
All the depositors have the extremely pressing NEED of not having all their deposits stolen from them.
Blockchains mathematically prevent fraudulent misuse of deposits.
People aren't mad about SBF taking a wrench to their head. They're mad about SBF defrauding them.
Could not have happened on a blockchain.
Depending on the argument I hear that the ledger is anonymous or not anonymous.
Anonymity has nothing to do with the property that you cannot steal on the blockchain.
How do you think blockchains even work? Read primary sources before vaguely disagreeing.
If I’ve mistaken your argument then please correct me. I’m familiar with blockchain and have contributed to multiple projects in the open source community back when I saw potential and promise in blockchain tech.
If you're the only person with the private key, you're the only person who can move the funds.
It's math. Unless you have a mathematical argument as to how to move funds without the private key, you're ignorant and uninformed.
Again, read primary sources and learn fundamental concepts before vaguely disagreeing.
How?
I just want to stop the ignorant, misinformed takes.
It's so paradoxical that HN is paranoid about the government changing settings on your phone without your permission, and yet HN does not think we should prevent the government or an opaque set of third parties from arbitrarily seizing and freezing your money.