Re: Is Bitcoin safer than a bank?
Posted by:
Risk Manager
()
Date: March 11, 2023 12:40PM
Pyramid scheme Wrote:
-------------------------------------------------------
> Integrity One Wrote:
> --------------------------------------------------
> -----
> > Dutch Tulip Bulb Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > hodl Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > What can be trusted more? Computers? or
> > Greedy
> > > > people? There's no risk of losing your
> money
> > to
> > > > stupid and greedy people in Bitcoin.
> > >
> > > Stupid and greedy people use computers all
> the
> > > time. How else do you think Bitcoin is mined
> > and
> > > traded?
> >
> > When it comes to bitcoin, there's no greedy,
> lazy,
> > careless, entitled, corrupt, millennial banker
> in
> > the middle. Why take the risk with these
> careless
> > bankers?
>
> Don't forget this fact
> when your wallet is hacked
> you can't get it back
> Bitcoin.
If you keep your bitcoin wallet on an exchange, then you're just stupid. If you keep your own wallet, protected by a decent password, and backed up on paper, there would seem to be a lot less risk than what you'll find in a bank.
So it comes down to: who do you trust? Yourself? Or a bunch of corrupt, lazy, careless, greedy bankers?
With bitcoin, you cut out the risk of the corrupt, lazy, careless, and greedy banksters.