Bitcoin theft and the future of cryptocurrencies

[juan]

On Fri, 15 Dec 2017 14:49:57 -0500
Michalis Kargakis <kargakis at protonmail.ch> wrote:

> Yet most Bitcoin users and definitely the rest of people don't how to
> use cold storage or even what it means.
> 
> There is work that needs to be done in order to bring it to the
> masses.


	so the masses need to learn the basics of cryptography at the
	user level, and the basics of information security. 

	luckily we have governments and their free public schools







> 
> -------- Original Message --------
> On Dec 14, 2017, 17:36, juan wrote:
> 
> > On Thu, 14 Dec 2017 16:27:14 +0200
> > Georgi Guninski  wrote:
> >
> >> On Wed, Dec 13, 2017 at 10:43:10AM -0800, Steven Schear wrote:
> >> > On the one hand Satochi pitched Bitcoin as a cash-like system.
> >> > What can happen with cash under careless handling and storage?
> >> > OTOH, Bitcoin's
> >>
> >> I strongly suspect Satoshi doesn't keep their large wallets on
> >> internet connected machines
> >
> > yeah, you know, paper wallets/cold storage isn't exactly
> > news....
> >
> >> and will never carry so much cash on the
> >> street.
> >>
> >> > crypto nature lends itself to novel solutions such as multisig
> >> > pools that can be used to prevent this type of fraud and theft.
> >> > See Stash Pool explanation at Stashcrypto.com.
> >> >
> >> Thanks, will take a look. On the cryptography list was suggested
> >> that hardware wallet gives some protection.
> >>
> >
> > @guninski.com>