Post
Topic
Board Bitcoin Discussion
Re: on what condition can people have fath for bitcoin just like for gold?
by
fengshu
on 23/03/2014, 01:15:57 UTC
If people had a sure way to protect their bitcoins the price would by up *5 by now, maybe we should look at the idea of hardware wallets.

There is a sure way to protect bitcoins, it simply takes some effort on the part of the user. There are cold wallets, offline wallets, M of N wallets, paper wallets, etc.

I agree that effortless protection would improve things for those who refuse to put forth the effort.

Isn't that one of the beauties of bitcoin? That stupid, lazy people will be the last people to catch on?

A vocal minority around these parts will tell you that it's a flaw, not a feature.

I tend to believe that reality is something like this (not limited to Bitcoin either):

Security <---------------|-----------------> Convenience

The further you move towards one, the less you have of the other.
as long as people are accustomed to the way.

i think mostly like this :
much more safe for individual and enterprise<------------|------------> easy to understand for public