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by irfwashere
1271 days ago
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Some could argue that your life savings is also at risk in a bank in high inflationary countries like Turkey or Lebanon. I think bitcoin's main argument in its favor is that its supply is not controlled by bankers. All the risks associated with holding onto it is worth it to me. Anonymous transactions are not interesting to me personally but complete sovereignty is. The chances of someone guessing your key are very low. But if you are worried about that then you put the funds into a multi-signature arrangement. It certainly takes time to understand these things but it's worth it for the benefits it brings. Nobody can steal or tax your funds against your will. If it takes 6 months for an average person to wrap their head around all the concepts it's not the worst thing in the world. It takes 6 months, at least, to learn how to operate a tank. But it does slow adoption rates. |
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