Quote from: Velkro on November 30, 2019, 10:52:07 PM

Quote from: DeathAngel on November 14, 2019, 04:26:08 PM

This sucks, I see stories like this all the time on here. He really shouldnt have been keeping that amount of crypto online though. It should be on paper wallets or a hardware wallet. Sad for him Sad

He learned his lesson tho.
Jokes aside, this is pain in the as@% for "old investors" used to stock market, banks and general no brain needed in terms of security.
Now when you are your own bank and YOU must handle all things that bank needs to handle so hacking, scams, not paying back loans etc etc it start to show human errors.

This is first in financial history that people need to gain big knowledge to invest/keep it safe.

This is not really the first time in history in which something like this has happened, in fact that is the reason banks exist at all, long time ago when people used gold those that had a lot of money were most of the time the targets of thieves and they had to find ways to secure their coins, this sounds familiar doesn't it? Eventually someone had an idea, to create a place where people could store their coins securely, it was a success, and then he began to use the money that he had in his vault to make loans creating what we know as a bank.