Hacker News new | ask | show | jobs
by wickedlogic 3221 days ago
User machine, not blockchain, security will continue to be the biggest risk in all these systems.

With gold for example, stealing the physical assets takes effort, resources, time, equipment, etc.

With digital assets, that is not the case... and our current level of system security is not adequate in the slightest. It is a challenge we are still largely ignoring today, but crypto currencies will require it be fixed, or better-risk-managed at any rate.

(not advocating gold over digital, but people continue to hand wave the actual risks)