Re:Celsius Execs Cashed Out $40M in Crypto Before Halting Wi...
by CharlesW on Friday October 07, 2022 @03:32PM
(#33125882)
> You don’t need a security staff to keep a bitcoin wallet secure, that is a very odd comment.
The "Bitcoin rich" are vaulting their BTC in tens or hundreds of wallets, mostly cold (hardware and paper), and those have to be managed, backed up, and secured.
> Cryptocurrencies are not about making poor people rich and rich people poor.
Agreed, crypto culture leans to wealth redistribution from suckers to grifters.
The "Bitcoin rich" are vaulting their BTC in tens or hundreds of wallets, mostly cold (hardware and paper), and those have to be managed, backed up, and secured.
> Cryptocurrencies are not about making poor people rich and rich people poor.
Agreed, crypto culture leans to wealth redistribution from suckers to grifters.