Re:BitTorrent v2
by deevolution on Tuesday September 08, 2020 @10:31AM
(#24408748)
I don't know if "reliable" is a good word for the legacy banking system. The banks in Cyprus for example siezed money from peoples accounts only a few years ago... its much harder for banks to seize bitcoin that you self-custody. Many wealthy people and now companies are beginning to view bitcoin as a safe haven asset because of its decentralized security model and censorship/seizure resistant properties.
Re:BitTorrent v2
by tomfern on Tuesday September 08, 2020 @03:54PM
(#24412362)
Argentina did exactly that on 2001. Life savings stolen forever. To this day, most people save their dollars in their houses because no one trust banks in the long term.
https://en.wikipedia.org/wiki/2012%E2%80%932013_Cypriot_fina...