Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Every time I'm about to get some Bitcoins I see some news story about people being robbed or ripped off and decide to wait. Then a month later the prices continue to rise, then someone gets robbed. Its like a huge cycle and I can't decent whether to give them a shot or not.


You hear about it more often because of the culture and nature of it. How often do you think physical/digital money in other forms is stolen?

The bigger thefts come from people trusting untested websites acting as banks & brokers that are not regulated, do not (usually) have a physical presence, and usually do not have the required capital to insure their holdings.


> The bigger thefts come from people trusting untested websites acting as banks & brokers that are not regulated, do not (usually) have a physical presence, and usually do not have the required capital to insure their holdings.

e.g., bitcoin wallet websites




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: