Bitcoin Forum

Economy => Services => Topic started by: worldtraveller321 on December 22, 2017, 05:51:44 AM



Title: insurance fund for crypto
Post by: worldtraveller321 on December 22, 2017, 05:51:44 AM
what are your thoughts on a creation of a insurance security fund. for crypto investors?
right now there is nothing to do to claim loss
from fraud or a bad transaction or a hacked account
i know this be hard to do but a system or program
where people pay into and also send recording s of money they have invested in crypto
pros and cons?


Title: Re: insurance fund for crypto
Post by: Vod on December 22, 2017, 06:08:00 AM
what are your thoughts on a creation of a insurance security fund. for crypto investors?
right now there is nothing to do to claim loss
from fraud or a bad transaction or a hacked account
i know this be hard to do but a system or program
where people pay into and also send recording s of money they have invested in crypto
pros and cons?

Would never work as how would you detect fraud?

I just send my coins to another address and tell you I was hacked.


Title: Re: insurance fund for crypto
Post by: worldtraveller321 on December 22, 2017, 07:45:39 AM
thanks, feedback is helpfull