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A comment on Nasdaq Plans to Introduce Bitcoin Futures. Parent comment

Re:Nasdaq Plans to Introduce Bitcoin Futures by y4mi on Wednesday November 29, 2017 @06:04PM (#15811734)
Gold is very easy to secure. Just dig a hole and throw it in. Nobody will find it if you don't tell anyone about it.

Seriously! A digital key is NOT easier to secure than a physical one. If anything, it's harder.

Gold only becomes hard to store if we're talking about huge quantities

[ Parent | on HN ]
Re:Nasdaq Plans to Introduce Bitcoin Futures by nicky0 on Wednesday November 29, 2017 @06:10PM (#15811772)
Print the key on paper and put it in a safe. How is that not easy?

Or etch the key on a piece of metal, seal it in plastic, and throw THAT in the ground, if your are that way inclined!

I don't see the difficulty.

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Re:Nasdaq Plans to Introduce Bitcoin Futures by lunchables on Thursday November 30, 2017 @09:47AM (#15816055)
You can do the exact same thing with bitcoin. Write the write the recovery key on a piece of paper and bury it in a box.

The advantage of bitcoin is you can encrypt it and store it offline in as many locations as you want.

[ Parent | on HN ]