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Bitcoin theft and the future of cryptocurrencies



On Thu, 14 Dec 2017 16:27:14 +0200
Georgi Guninski <guninski at guninski.com> wrote:

> On Wed, Dec 13, 2017 at 10:43:10AM -0800, Steven Schear wrote:
> > On the one hand Satochi pitched Bitcoin as a cash-like system. What
> > can happen with cash under careless handling and storage? OTOH,
> > Bitcoin's
> 
> I strongly suspect Satoshi doesn't keep their large wallets on
> internet connected machines 


	yeah, you know, paper wallets/cold storage isn't exactly
	news....



> and will never carry so much cash on the
> street.
> 
> > crypto nature lends itself to novel solutions such as multisig
> > pools that can be used to prevent this type of fraud and theft. See
> > Stash Pool explanation at Stashcrypto.com.
> > 
> Thanks, will take a look. On the cryptography list was suggested that
> hardware wallet gives some protection.
>