Hacker News new | ask | show | jobs
by djschnei 1948 days ago
> Yeah, one of the problems with the BTC model. You either get convenience or security but not both.

No, it's not what OP says... He's saying security and convenience are mutually exclusive in BTC. I'm saying that is not the case... You can use an exchange and transfer or use a hardware wallet with built in exchange capabilities. Making it seem like there is some inherent issue with the design/architecture that makes this impossible is extremely misleading.

1 comments

I don't think I follow. The point is a hardware wallet is not as convenient as an exchange as you can always recover your account if you forget your password. It's not as secure though, as the private keys are hold by someone else.