Re:Coinbase Insured
by imaginenore on Friday August 29, 2014 @02:28PM
(#8243781)
You actually didn't give a single good reason not to trust insured 3rd party storage. You just jumped to conclusion while shitting on companies that are improving bitcoin security.
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Mt. Gox provided a very good reason not to trust a 3rd party
Though it was it was not the first (or second, or third) such example.
Re:Coinbase Insured
by imaginenore on Saturday August 30, 2014 @09:54AM
(#8246435)
Mt. Gox didn't offer insured storage.
This is like saying "You never gave a good reason not to stab yourself in the eye".
The fact is that web wallets are available that are just as user friendly as coinbase that don't require you to do this. (trust a third party and/or stab yourself in the eye)