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Re:A hacker stole $31M of Ether – how it happened, and what ... by meepmorp on Friday July 21, 2017 @10:35AM (#14820838)
>Storing your money in a bank in a western democracy has centuries of history with extremely rare losses.

While I agree with your overall point, I think you're glossing over the historical instabilities in the banking system. Bank runs, failures, and physical robberies were pretty common until comparatively recently (in the US, at least - the 19th century was chock full of them).

Re:A hacker stole $31M of Ether – how it happened, and what ... by harryh on Friday July 21, 2017 @10:41AM (#14820883)
Even in the dark days before the FDIC losses in US banks were rarer than what we see in cryptocurrencies today.