Post
Topic
Board Bitcoin Discussion
Re: People Losing Passwords & Wallets...
by
RealBitcoin
on 14/08/2016, 00:05:29 UTC
This isssue is still relevant folks, especially after bitfinex hack!

These type of hacks make it even more relevant.. People are confronted with creating their own wallets again and that can result in the reports you have been gathering.

The biggest hurdle here is that the majority of people doesn't want to go through all the extra steps required to secure their coins. The tech savvy guys will do it ofcourse, but John Doe doesn't want to. I think the only way would be to integrate automated back-ups, but those are much less secure by default.


The wallet providers just need to enhance their wallet and make it more userfriendly. If we go mainstream, we will get tons of more dumb people, that need to be warned before doing something stupid.