News for hackers. Stuff that matters.

A comment on Binance exchange hackers steal bitcoins worth $41m. Parent comment

Re:Binance exchange hackers steal bitcoins worth $41m by rich-tea on Thursday May 09, 2019 @02:40AM (#19865925)
How is it disingenuous? You said that heists were "vanishingly rare" outside of Bitcoin.

As it happens, your cash in the bank is being slowly devalued via inflation as the banks are constantly making new money in the form of loans.

Bitcoin being the way it is is a feature, not a bug. If you don't get it, that's fine, but don't make ridiculous claims like only bitcoin is susceptible to crime and incompetence.

[ Parent | on HN ]
Re:Binance exchange hackers steal bitcoins worth $41m by root_axis on Thursday May 09, 2019 @12:09PM (#19869503)
> How is it disingenuous? You said that heists were "vanishingly rare" outside of Bitcoin.

It's disingenuous because what I actually said was:

"MASSIVE HEIGHTS LIKE THIS are vanishingly rare except in blockchain token land."

Emphasis added to highlight your deliberate misreading of what I wrote.

[ Parent | on HN ]
Re:Binance exchange hackers steal bitcoins worth $41m by rich-tea on Friday May 10, 2019 @08:25AM (#19877039)
Oh, so your point is that bitcoin-specific problems aren't a problem outside of Bitcoin. Gotcha.
[ Parent | on HN ]