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A comment on Top Bitcoin dev gets owned. Parent comment

Re:Top Bitcoin dev gets owned by lrvick on Sunday January 01, 2023 @08:26PM (#34213140)
What do you think banks do? When you store a -lot- of value like a pile of gold bars, you are going to need more than a foam and aluminum hotel safe.
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Re:Top Bitcoin dev gets owned by tsimionescu on Monday January 02, 2023 @03:19AM (#34215613)
For me as a consumer, storing money in a bank is far simpler and more convenient and more likely to not get me burned than it is to store various hardware tokens with various banks (having to physically retrieve them when I actually want a purchase).

So, if the only way to secure BTC is to this cold wallet dance, then it's clear BTC is not a usable store of value compared to USD.

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Re:Top Bitcoin dev gets owned by lrvick on Monday January 02, 2023 @09:21PM (#34226734)
The only way to secure a -lot- of BTC. Or you can pay a custodian to do it for you. You have the same options as cash.

Most people do not store millions in cash or gold at home.

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