The blockchain industry's quality assurance movement needs to be part of their product strategy. All bitcoin wallets need to be organized on a series of ledgers so that each individual user is governed by the one most appropriate to her specific situation. And just because your protocol (or application) has a system for gatekeepers does not mean that you will make it so easy for bad actors to manipulate your infrastructure.

As Bitpay and Blockchain.info are reporting, the funds in the wallets that may be lost or stolen due to a single or serious series of events are "hard" to recover. A terrorist attack could wipe out the Bitcoin network; a flood could flood the network; a software glitch could flood the network; a programmer's negligence could flood the network,