Re:We have detected a security breach. Services are temporar...
by itcmcgrath on Monday April 01, 2013 @05:09PM
(#5475952)
Not surprising; 'Insurance' is less likely to have the impact people are saying it will - either it will be incredibly hard to get insurance in the first place (making it more of a non-factor), and/or it will not provide the same level of coverage/safety-net as you get with a Bank, and hence BTC will never get to the same level of trust.
Either case, I don't think 'Insurance' is going to be the magic thing that will make BTC as viable as traditional currencies.
Either case, I don't think 'Insurance' is going to be the magic thing that will make BTC as viable as traditional currencies.