Re:Bitcoinica hacked. ~$100k USD stolen.
by aidenn0 on Friday May 11, 2012 @06:10PM
(#3961704)
I don't know much about bitcoins, can someone who does explain why one would want to keep the coins in a wallet on a server somewhere instead of e.g. your home computer, or a USB stick or something? Aren't they supposed to be roughly equivalent to cash? Storing it on Bitcoinica seems like taking a briefcase full of cash and storing it in a public locker.
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Re:Bitcoinica hacked. ~$100k USD stolen.
by devtestapp on Friday May 11, 2012 @07:02PM
(#3961910)
This is exactly right. It is not a flaw in bitcoin rather irresponsibility with large amounts of digital cash.