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re: A string of thefts hit Coinbase, Bitcoin's most reputable wallet service
Posted on 2/7/14 at 2:12 pm to joshnorris14
Posted on 2/7/14 at 2:12 pm to joshnorris14
I will side with the Josh's and wiki's of the board in that the overwhelming majority of these thefts seem to be matters of poor security/not understanding how to secure their bitcoin.
Now, the bad news for their side is that this (once again) brings up the question of why switch from your normal currency to bitcoin in the first place. More protections and easier to secure.
Now, the bad news for their side is that this (once again) brings up the question of why switch from your normal currency to bitcoin in the first place. More protections and easier to secure.
2
Posted on 2/7/14 at 2:30 pm to Walking the Earth
quote:
why switch from your normal currency to bitcoin in the first place.
As form of investment and not to use as actual currency? I know next to nothing about all this bitcoin noise, but when I do see it come up, I immediately think "investment", not "form of currency".
But that's just me.
Posted on 2/7/14 at 3:29 pm to Walking the Earth
quote:
More protections and easier to secure.
It really isn't that hard to secure these bitcoins. It is beyond me why people continue to leave large sums of money in these exchanges unless they are actively trading (And if you're using Coinbase, you certainly aren't).
Nobody leaves their wallet on a park bench and expects it to be there when they return.
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