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by wheelerwj 3445 days ago
You've never met a bitcoin user or tried to use it yourself. Most people whose bitcoin are not incredibly tech savy and set it up in minutes on their smart phones.
2 comments
vectorpush 3445 days ago
And thousands of them lose their money due to bugs or simple mistakes.

https://www.reddit.com/r/Bitcoin/search?q=lost+wallet+help&r...

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wheelerwj 3445 days ago
thousands of people lose cash and misplace car keys too.
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cbhl 3445 days ago
Or, maybe they have. Maybe they lost some non-trivial amount of money from one of the half dozen former exchanges that had coins stolen out of their hot wallets. Or had someone hijack their AWS account credentials from GitHub to spin up hundreds of dollars of EC2 instance-hours to generate pennies of bitcoin.
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wheelerwj 3445 days ago
Yes, those are definitely use cases for the average user.
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cbhl 3445 days ago
They're not use cases, they're failure modes.

One of the great things about banks is that the transactions are reversible. People click the wrong button all the time, and they call up their bank and say "oops, please fix it".

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