Quote from: gigabytecoin on March 29, 2011, 08:26:31 AM

Quote from: Cryptoman on March 24, 2011, 04:14:41 AM

Quote from: SteveB on March 24, 2011, 04:00:11 AM

I get that the chance is very, very, very small. But unless there is no chance at all there is still a chance. All I am saying is that there should be a check to make sure that a new address does not exist already.

The chance is probably way less than the chance that a bank's computers and all of their backups will get destroyed and there will be no way of recovering bank deposits. Has that prevented people from using banks?

No, because whatever I deposit into my bank is backed up by at least $100k by the Canadian Deposit Insurance Corporation.

see : http://bitcointalk.org/index.php?topic=4858.msg73851#msg73851

I do not think people are scared to go outside because they are scared of getting hit by lightning, nor does anyone live 20 meters under land in order to not get hit by a meteor