Re:Tether price manipulation
by doggosphere on Friday January 08, 2021 @01:25PM
(#25687890)
A wrench attack will always be the easiest vector. That said, there is no other asset in history that gives you this level of security for such marginal cost. The cost of securing $100 is essentially the same as the cost of securing $100m.
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| on HN ]
The chances of loosing $100 is essentially the same as the chances of loosing $100m. If you loose your private key nobody can help you recover your money.
Re:Tether price manipulation
by doggosphere on Friday January 08, 2021 @04:57PM
(#25691055)
I would hope that someone with $100m in crypto is smart enough to not leave their seed words on a piece of paper on their coffee table.
Your exactly correct that nobody can help you recover your money if you lose your keys.