Quote:
Originally Posted by Hehe
The problem is that there is really no other way to "spend" BTC. One could print all the BTC in the world but whoever getting it would have to go online to verify it. There is no way around it.
All BTC's benefits are the result of the way BTC is produced and transferred. Unfortunately, with those benefits, one also inherits all the associate risks with them. They are no safer than your Paypal password or your debit's PIN. But you could take choose whether or not to deposit money into debit/PP. With BTC, it's not an option, but a requirement.
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Back to my bank vault example... my money is in there. It's safe.
Your comment "The only thing BTC has is hype" I quoted and disagreed with. Bitcoins is currently a good way to store and keep your money and have it away from banks and government. This is a huge thing it has going on. Remember that news story of some little country in Europe considering taking money out of citizen's accounts. That event gave bitcoin a lot of positive press.
You spun my 'safe' comment into examples of people losing massive amounts of money. It's true. If I use a sketchy wallet, or use a shitty password, or give out private information I'll probably be hacked.