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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 thefounder on Wednesday February 27, 2019 @11:53AM (#19264541)
Some people want just virtual cash. No banks, chargebacks, 3rd parties(visa, paypal etc) additional "verification" etc. Just old good "hard" cash for the XXI century.
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Re:Alleged Coinomi exploit shows how easy it is to have Bitc... by mikeash on Wednesday February 27, 2019 @12:06PM (#19264701)
I’m not entirely convinced that they do. Many say that they do, but then don’t treat it the way they would treat a similar quantity of cash, lose it, and are befuddled as to how it happened.
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Re:Alleged Coinomi exploit shows how easy it is to have Bitc... by thefounder on Thursday February 28, 2019 @11:31AM (#19272543)
That's because the technology is new and people seem to trust wallets and exchangers usually developed unknown amateurs. This leads us to issue number two:

Many holding crypto currencies are using the funds as investment so I assume they were aware of the high risk to loose all the funds for various reasons. Once the crypto investments/ponzi scheme is gone we can work on crypto payments.

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