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A comment on Alleged Coinomi exploit shows how easy it is to have Bitcoin stolen. Parent comment

Re:Alleged Coinomi exploit shows how easy it is to have Bitc... by bilbo0s on Wednesday February 27, 2019 @11:20AM (#19264167)
>If you have to rely on and/or beholden to legal action, then BTC doesn't really provide trust at all...

Yep. Gotta agree with Jayd16 here, if you still need law enforcement, (ie - government), then bitcoin is not useful for operating without trust. The breathless hype about bitcoin was not just the technology level "distributed ledger" thing, but also the idea that you could do things independent of the system. If you still need the system to make it all work, then it definitely fails on the latter hype point.

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Re:Alleged Coinomi exploit shows how easy it is to have Bitc... by shawnz on Wednesday February 27, 2019 @11:38AM (#19264306)
> the idea that you could do things independent of the system. If you still need the system to make it all work, then it definitely fails on the latter hype point.

Bitcoin is independent of the "system" but that doesn't mean you don't still need some system. You're just not locked in to any particular system. Using bitcoin doesn't automatically make you an anarchist.

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