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Message
re: Bitcoin Casinos Release 2012 Earnings
Posted on 1/24/13 at 9:22 am to 13SaintTiger
Posted on 1/24/13 at 9:22 am to 13SaintTiger
quote:
All that data floating around makes it a high potential to be hacked, don't you think? Instead of a bank robber robbing a bank, you have a Bitcoin robber. I just think it'll be that much easier for someone with the right credentials to hack the system, and correct me if I am wrong, this already happened right?
Yes, there have been quite a few hacks and thefts of bitcoins. The issues have all had to do with lax security measures at the third party sites, and not any security vulnerabilities with the bitcoin protocol itself.
Third party bitcoin "banks" will need to up their security measures and work hard to build trust in the future.
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