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Re:Binance exchange hackers steal bitcoins worth $41m by akerl_ on Wednesday May 08, 2019 @09:41AM (#19858705)
I could, and do. And for each technology I might use, I ask myself if the benefits outweigh the risks of the present security model. For some, the answer is yes. But for bitcoin, where it seems that other financial vehicles are capable of meeting the needs of the economy without the pitfalls of the Bitcoin industry’s low security bar, I agree with the earlier commenter: why tolerate this behavior?
Re:Binance exchange hackers steal bitcoins worth $41m by hombre_fatal on Wednesday May 08, 2019 @10:02AM (#19858870)
It's trade offs.

I think tolerance is a weird way to discuss this issue. I don't think it's the right word nor concept. But to continue the theme, there are things I don't tolerate about, say, the banking and credit card system either.

Like how, by default, if I type my credit/debit card number into a <form>, anyone can use that data any time in the future to spend my money, and I have to remain eternally vigilant each time my transaction statement comes. Or how annoying or impossible it is to send/receive money between random people just using our bank accounts, usually having to rope in yet another party/service. Or how hard it is to juggle bank accounts in multiple countries as a traveler.

I suppose you're asking why someone would use bitcoin despite news like this? Sure, I like using bitcoin for online payments and money transfers.

If you're asking why anyone should tolerate the risk of keeping your bitcoin in somebody else's pocket, like Binance's pocket, then I agree. They shouldn't, but they don't necessarily understand that.