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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 wil421 on Wednesday February 27, 2019 @11:43AM (#19264376)
Why would I care if the banks took a hit? If fraud was hurting their margins significantly we would see the government step in. The banks would also do more to prevent it. The US just switched over to chip cards.
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Re:Alleged Coinomi exploit shows how easy it is to have Bitc... by JangoSteve on Wednesday February 27, 2019 @12:02PM (#19264653)
Because you're paying for it with your money. They can afford to take a hit (and can afford the insurance for such losses) because of the fees they charge you directly, and the money they make utilizing your principle for other purposes while it's there.
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