2013:
- Largest exchanges getting "hacked" (Mtgox)
- Largest Bitcoin mining companies scamming users (BFL)
- Online black markets scamming users, losing money, and getting shut down (Silk Road)
2015:
-The largest exchanges are still getting hacked (Bitstamp, Bter)
-Largest Bitcoin mining companies scamming users (ASICMiner)
-Online black markets scamming users, losing money, and getting shut down in the same exact fucking way (SR 2, Evolution)
How do we get past the year 2013?
And do you think that we could ever be able to counter hacking attempts? I don't think so when even the biggest world's companies are being constantly hacked: Sony Network hacked in Dec 2014, Twitch.tv hacked a week ago and countless other hacked sites we didn't even know about. Scammers will be always z threat, it is human nature that is flawed here not system, there are people who want to steal and people who are gullible enough to be their victims. And Black markets are the same thing, people are just being retarded, again we can't really do anything about it.
Bitcoin is programmable money. We should be able to design security features that are beyond anything fiat can do.
Multi-sig, timelocked balances, IP/device analysis, biometric passwords.
It's funny. Lots of people in this thread thought I was talking about the price or investment when I was talking about security and fraud.