“Bitcoin has never been hacked”
Don’t have to hack crypto to steal all the crypto.
Don’t have to hack crypto to steal all the crypto.
The victims did not practice proper key management. The victims got hacked because of their own insecure key management, not because of any vulnerability in Bitcoin.
To claim otherwise is like claiming that because people can steal improperly secured code signing or TLS certificate private keys, all code signing and TLS certificates are inherently, fundamentally, and automatically broken, which is really just a fundamental misunderstanding of cryptography 101.
Worldwide final clearance is a feature not a bug.
Yes and that bug is a risk I weigh when using those money transfer mechanisms
When it fits my risk profile I engage in that transaction
Not hard
Not a matter for an industry regulator or state
Just pure market choice
"On August 15, 2010, an anonymous hacker exploited a critical vulnerability in Bitcoin, allowing them to generate 184.467 billion Bitcoin."
To the moon.
Still grateful HN has enough crypto rationalists to push back on pyramid scheme noise.
Crypto could be useful — let’s build crypto apps with customer value.
Right now the customers are morally ambiguous nation states and criminals laundering money into real estate and back into fiat currency. Hold the bag.
The PvP nature is continual demand