Earlier quoted context omitted.
I find this point a very interesting one. Everyone insists that transactions are saved and traceable (which of course they are), but I've never heard of anyone finding out who stole their coins and getting them back. People just seem to accept after a break-in that the money is gone and there's nothing they can do about it. That's not acceptable to me in a currency, particularly not one that people use as a store of…
> The important part of that statement, which was not wrong, is they can be used when stolen. I think the important part that's missing is this: If you have the proper opesec , BTC is anonymous. The 'BTC is anonymous' meme does nothing more than help people who don't know what they're doing get busted. It's like Sarah Palin's email account getting hacked because she picked security questions that were well-known. Eve…
Re: Inputs.io hacked – 4100 BTC stolen
#71As an interested bystander who doesn't know much about bitcoin I'm genuinely curious if you can address any of the criticisms above or what you think about them. I'd love to see digital currencies outside state control thrive but am hesitant to use things like Bitcoin given the explicit lack of regulation and controls. The anonymous, unregulated side of it is the least attractive to me - I'd prefer it were not at all anonymous, because of all the issues raised by that - it leads directly to incidents like this IMO.