Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can be hacked
by
paolo099
on 21/11/2017, 11:52:10 UTC
based on the assumption of: everything can be hacked, it does not exist a perfect system (if you are an IT expert you already know that), the only perfect system is a server not connected to the network without any input system connected and closed in a bunker, but also in this case there is the possibility to have your data destroyed, hence lost/stolen.
Stating that "there's everything to hack" without any explanation for me it's just a poor bait and i think you're trolling just for the sake of it.
Even the highest encryption protocol, the most complex and secure can be hacked but it would take time, so now, how long would it take to hack it? how long before the owner can take appropriate countermeasures? Does it worth the time/technology/you name it spent for the hack?
It's a good discussion field, but you are dragging down the discussion to the dumbest level possible, don't take the bait..

You clearly did not understand the point.

At the end of the day, it is about who takes the risk in terms of security. If you place your money in the bank, the bank is responsible for the security and if the bank is robbed you still get your money. With Bitcoin you need to be able to create bank-like security yourself, and if you fail all is lost.

you are the only responsible for the security of your coins there is no insurance for BTC (yet) so what's the point? I agree with you on your last point and in this world, or better in the IT world, it's up to you to keep your datas secured; put aside BTC and the market value, how do you secure your datas (which can be your sextape, your payroll, your family photos on the cloud or on your pc)? Same thing, if your account get hacked it's your fault (weak password, keylogger and so on).. in this crypto world you are the weak link.
All in all it's just a matter of point of view, but at least we agree on the bolded sentence Smiley