EZ_money
commented on the news · 2 hours ago
$Bitcoin (BTC.CC)$ “When that trust turns out to be misplac...
$Bitcoin (BTC.CC)$ “When that trust turns out to be misplaced, there is no recourse. If your bitcoin exchange gets hacked, you lose all of your money. If your bitcoin wallet gets hacked, you lose all of your money. If you forget your login credentials, you lose all of your money. If there’s a bug in the code of your smart contract, you lose all of your money. If someone successfully hacks the blockchain security, you lose all of your money. In many ways, trusting technology is harder than trusting people. Would you rather trust a human legal system or the details of some computer code you don’t have the expertise to audit?” FTX anyone 🤣$Amazon (AMZN.US)$ $Trump Media & Technology (DJT.US)$ $Tesla (TSLA.US)$
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Jeffy Invests : Same as bank accounts?
EZ_money OP : if you want to cancel your purchases on block chain you can't it's not designed for that. never going to amount to
EZ_money OP Jeffy Invests : have you ever heard of FDIC insurance? have you heard of a piggy bank
WadeSEC : Never heard of Bitcoin being hacked. I hear about entire banks being hacked weekly.
105439183 : At most, it's the wallet being hacked. If the Exchange is attacked, I believe hackers will also manipulate the numbers upwards.
105439183 : Laws are designed for the wealthy.
EZ_money OP 105439183 : actually one of the latest hacks was on a exchange. stolen. gone. but yeah mostly wallets. through scams as well
EZ_money OP 105439183 : yes , the elites create laws to keep power and wealth.... and they're above the laws they created. only for US human slaves have to follow