Bitcoin theft and the future of cryptocurrencies

[Michalis Kargakis]

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.

-------- 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>
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