> Bitcoin is trustworthy in the way that gold or beads or shells in a vault are ... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		whimsicalism on Oct 12, 2021 \| parent \| context \| favorite \| on: Ethereum Services Are Centralized > Bitcoin is trustworthy in the way that gold or beads or shells in a vault are trustworthy Sure, if you abstract away the whole "who owns the vault" question... But that seems facile. I'm hardly a crypto stan but I'd love to see actually cogent critiques.

kristjansson on Oct 12, 2021 [–]

That was underspecified, apologies. You own the vault. Everyone has a vault. The vault is your key.

Would've been clearer to say 'pocket' or something, but that doesn't imply the level of physical security I attribute to Bitcoin.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact