Quote from: Lucasgabd on December 30, 2020, 02:29:13 PM

Quote from: Sithara007 on December 30, 2020, 03:41:30 AM

Quote from: Lucasgabd on December 29, 2020, 06:10:51 PM

you're right in terms of safety, not your keys not your coins
but some sites like freebitco.in and FTX are trsutable and there are high probability that you'll have no problem with them, as stated before.

If these sites allow us to export the private keys, then I don't have a problem with them. Otherwise I need to think about it. Keeping my hard earned coins for many months with a third party scares me, even if the site is quite trusted by the community. For me, it is a red flag. If I want to make a bet on 2024, I would only trust those sites where I can access the private keys to my coins.

I don't blame you for not trusting and totally understand your point
in the end it's a matter of risk/rewards
you don't have to keep all your coins on the same place (this wouldn't be so smarteven if you hold it on a hardware wallet inside a safe)

that said
it will be hard to find a website that let you bet on the elections in a trustless way,the closer I think we'll come to that is some smart contract on the ethereum chain, but you'd still have some degree of trust on the smart contract itself (which is usually auditable but not 100% free of the possibility of issues - like everything in life)

I do blame some people, I do not get how people could trust themselves more than they trust websites, that makes a lot less sense. How difficult do you think would be to hack into someones computer? From the countless times it has happened so far in history, I can say that it looks like it is something quite simple, and would be not that difficult at all.

However by the looks of it I would say freebitco.in or many other major websites are a lot harder to crack. Now you may say that "but X place got hacked!!" and I agree, there are places that gets hacked, even binance got hacked a few times yet they kept your money and gave it to people back, without any problems, HOWEVER it is obvious that people get hacked a lot more frequently, it could be any type of virus in your PC that could give all the info hacker needs in order to get all your money. Hence, I think major places are better than keeping it myself.