The bitcoin bandwagon brigade has always preached how secure crypto is but it seems like every exchange has gotten hacked. Is securing crypto a pipe dream? Is this what the BTC experiment has taught us?
There are to many other exchanges (more big, more important or less big and less important than Cryptsy) that are not hacked never. Why such importance to this exchange. Much more banks have been object of thieves and never is put in discussion their existence. Why be put in discussion the security of crypto exchanges as a Institution where is changed and traded another kind of currency but yet is money? Why must be different this case by the case of the stolen banks? Have seen various threads today which treat this matter and absolutely all treat this case with fatalism. One for bitcoin, another one for the exchanges another third for all the cryptos and so on. Why this point of view?
We don't really know if other exchanges have been hacked or not. Cryptsy was hacked a long time ago and nobody knew for sure until now. I've seen similar rumors about much bigger exchanges like OKcoin. As for banks, yeah they get robbed but usually not of
everything. Are you really claiming that an equivalent percentage of fiat has been stolen from banks as has been stolen from crypto exchanges since 2009?