Quote from: butka on May 03, 2018, 10:43:29 AM

I really don't know what these types of articles really serve for. If you read a bit into it, here is what it says:

Quote

The problem of purchasing and selling actual Bitcoins is that these Bitcoin can be stolen by hackers. This means any bank looking to promote the transactions to figure out how to guard such assets. This step is required to nod from regulators.

Source: https://coinpedia.org/news/goldman-sachs-planning-cryptocurrency-trading-desk/

Such claims really annoy me. As if their precious credit cards haven't been hacked many times before. Speaking about hacking, each time you make an online purchase with your credit card, your number and pin are being transmitted along with your private data. Unlike Bitcoin, where you keep your private key always safe by your side.

You can hack a credit card or bank account, but the hacked funds always get reverted or something. They're always reversible. In some cases they aren't, but those are rare.

With crypto, the transactions are not only irreversible, but they're also not illegal to steal because they're so hard to prove. It's so anonymous that anyone can steal bitcoin and get away with it if they have your private key. Bitcoin isn't linked with names or addresses.

Then again, I guess if the bank somehow creates a system within bitcoin (like how LN works), where people have to register their names in accounts, then they can only trade within that system... it would be fool-proof.