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A comment on Silk Road 2 Hacked, All Bitcoins Stolen. Parent comment

Re:Silk Road 2 Hacked, All Bitcoins Stolen by dispense on Thursday February 13, 2014 @04:49PM (#7234645)
It is perfectly possible. Your only task is to secure the private keys. These are short enough to be printed as a QR code or written down. keep that piece of paper somewhere safe. Alternatively, it is possible to use a good, random, long passphrase as your de facto private key. That way, the keys to your wallet are literally stored in your mind and nowhere else.

As of now, there are no known fatal flaws or weaknesses in the Bitcoin protocol itself. The network is secure and as long as you manage to secure your private keys, Bitcoin is extremely safe.

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Re:Silk Road 2 Hacked, All Bitcoins Stolen by interstitial on Thursday February 13, 2014 @05:50PM (#7235173)
And you can always melt down your bitcoin into a pure gold.
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Re:Silk Road 2 Hacked, All Bitcoins Stolen by robzyb on Thursday February 13, 2014 @05:23PM (#7234928)
> It is perfectly possible [to secure a bitcoin one owns].

You're forgetting about social engineering.

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Re:Silk Road 2 Hacked, All Bitcoins Stolen by dispense on Thursday February 13, 2014 @05:39PM (#7235089)
Social engineering applies to pretty much everything. It has nothing to do with Bitcoin (or whatever else a social engineer wants from you) and everything with your own lack of due diligence and gullibility.
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Re:Silk Road 2 Hacked, All Bitcoins Stolen by robzyb on Thursday February 13, 2014 @07:56PM (#7236018)
I agree entirely - and that is the reason that one shouldn't say "It is perfectly possible to secure a bitcoin one owns."
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Re:Silk Road 2 Hacked, All Bitcoins Stolen by dispense on Wednesday February 19, 2014 @01:43PM (#7265295)
Semantics. Obviously, theoretically, everybody can be fooled. The common sense definition of secure is not "secure with zero possibility of the security being broken". Storing diamonds in a safe at the bank is secure. Printing your private key and storing it at the bank is not any less secure than storing diamonds there.
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