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by SODaniel 4818 days ago
I would have to argue that I trust an anonymous computer network and my own ability to keep a wallet file safe over any bank in the world.

At least a blockchain isn't actively out to scam me out of money.

2 comments

The blockchain is simply a tool. A bank ledger is not actively trying to scam you out of your money either. It is the people involved that do so. There has been plenty of shady dealings around Bitcoin already.
Yeah but you have to trust that Bitcoin's protocol actually enforces the security properties you want. Newsflash: it does not.