Re: If the blockchain cannot be hacked, how can you lose anything?

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I am sorry to hear that, truly..

I studied public key encryption 20 years ago after reading about PGP by Phil Zimmerman. If you are serious about crypto currency, I strongly suggest you take 60 minutes of your time to read his website. Here's a good start: https://philzimmermann.com/EN/essays/index.html that will only take you 5 minutes of your time and it will probably the best 5 minute read you've done in a long time.

It is painfully obvious from reading messages on this site, that the majority of people understand crypto, currencies and the blockchain and are up to date with the latest twitter ramblings and self-proclaimed YouTube prophets, but have no clue about the most important part that keeps your money safe. If you give your private key to anyone then you do not understand how the system should work.

Please accept my sincere apologies to all if I am mistaken and that you do not have to reveal your private keys to an exchange or anyone else. My above paragraph is based on what I have read so far on these forums. If you have to reveal your private key to anyone else then there is something wrong with the process. The blockchain may have been proven to be secure, but all that security is undone when you give your private key away. This is analogous to having the most secure vault in the world, and then leaving the door open..