- Mitigation of Risk to User:
Surely you jest! look BTC is going nowhere if you keep lying to yourself. These issues are major points that need adressed.
Lets get real here.
Everything he said was true.
Security: We process more power than the worlds top 500 super computers combined. That's our current networking hash power, and all of it is focused on securing the network through the very same encryption that most banks and governments use.
Trust: We all put trust on the system (network) that anyone can see (open source) and that anyone can participate in (through mining or open public exchange). What we have created here is the fairest system man has ever known.
Mitigation of Risk: Bitcoins cannot be destroyed, and the network at the current hash power is virtually indestructible. While right now there may be hacking problems within the community, the community will only grow stronger from it. Exchanges will continue to become more secure, prices will continue to stabilize leading toward a steady upward trend, and businesses will continue to make Bitcoins more accessible.
Transparency: BlockExplorer.Com