Re:BitFinex down due to Bitcoin security breach - 120k BTC s...
by bdcravens on Tuesday August 02, 2016 @09:11PM
(#12214803)
> a bitcoin wallet encrypted with a good password, it's very easy to make impossible
There's the problem with adoption. "SFYL you should have been smarter" means there will always be a % of the population who should never use it.
Re:BitFinex down due to Bitcoin security breach - 120k BTC s...
by russelluresti on Tuesday August 02, 2016 @07:50PM
(#12214356)
Nothing is impossible in the digital realm. And the bad guys are ALWAYS better than the good guys.
Re:BitFinex down due to Bitcoin security breach - 120k BTC s...
by mikeash on Tuesday August 02, 2016 @07:56PM
(#12214378)
Surely, but that requires more knowledge and care than securing cash.
Re:BitFinex down due to Bitcoin security breach - 120k BTC s...
by ryanlol on Tuesday August 02, 2016 @09:35PM
(#12214921)
Producing a long random string to use as a password? Not particularly.
Re:BitFinex down due to Bitcoin security breach - 120k BTC s...
by mikeash on Tuesday August 02, 2016 @09:44PM
(#12214964)
Most people have no idea what a long random string would even look like.
Re:BitFinex down due to Bitcoin security breach - 120k BTC s...
by ryanlol on Tuesday August 02, 2016 @09:47PM
(#12214979)
I think you're seriously underestimating most people. "Long random string [of letters and numbers]" is rather self-explanatory.
Re:BitFinex down due to Bitcoin security breach - 120k BTC s...
by bdcravens on Wednesday August 03, 2016 @01:20AM
(#12215773)
Dealing with nondevelopers, never say "string". Did that once and the person on the other end of the phone was obviously confused. After 2 seconds, realized how bizarre it sounded.
And anyway, robbing safes is easy. But try emptying a bitcoin wallet encrypted with a good password, it's very easy to make impossible.