Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by dehrmann on Thursday December 03, 2020 @12:47PM
(#25291905)
People also lose bitcoins, I assume easier than losing physical currency or a bank account.
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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by Afton on Thursday December 03, 2020 @02:58PM
(#25293849)
One of the ways I don't feel bad about not making millions in BTC even though I was aware of it long ago is the absolute certainty that I would have simply lost the paper wallet, had a hard-drive failure, etc, etc. There is just no way I would have held onto my keys for the 7 years that I was aware of it. I imagine that the breakage here for early investors is probably pretty high. I never did cash out on my dogecoin...
Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by pshc on Thursday December 03, 2020 @03:32PM
(#25294368)
It’s not impossible to make copies of and secure private keys if you have a plan. (But even if you had bought some and preserved it, would you have had the tenacity/foresight to hold onto the BTC for 7+ years?)
Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by Afton on Thursday December 03, 2020 @04:07PM
(#25294956)
> It’s not impossible to make copies of and secure private keys if you have a plan
I was 100% discussing my scenario. I would absolutely not have enacted a careful plan with multiple fall-backs. Which is it's own kind of self-indictment tbh, but one that I am at peace with. :D
Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by sebmellen on Thursday December 03, 2020 @10:09PM
(#25298466)
Also, this holds for 99.99% of the populous. Even hardware wallets aren't a great solution and there you're paying a hundred dollars or so just to get one.
Shovels in a gold rush.