Hi all,

Thanks for the reply. I am grateful to hear a lot of fruitful thoughts and the replies made me understand more about bitcoin.

Well, as some of the reply mention. Bitcoin is decentralize so report system will deteriorate the idea. That is the first thought on my mind as well. But my friend insist one day they might implement such system (oh well he is a tradition monetarist, lol). But I agree with others and think it is not going to happen (at least, in the near future).

Regarding to the storage problem. I guess cold storage would be the best method for now. I guess with the aid of good securities I can keep my coin safe and sound.

Regards,

Hi all, I am new to the Bitcoin community. I was fascinated by the idea of Bitcoin and would like to learn more about it. I have done some research on Bitcoin and trying to catch up with the development of it.

Throughout the research, 2 questions arose -

1) it seems that Bitcoin is not easy to keep (for instance, Mt. Gox case consolidate my thoughts.), so what is the safest way to store? I think 1 solution is cold storage, if so, how can I ensure its safety (ie no one copied my files) ?

2) Can Bitcoin implement "report lost system" and frozen the so call "suspicious Bitcoin"? That is a though from my friend (whose also new to the BTC world) and we were examine its plausibility so we would like to see advice.

Well, I might have misunderstand some keys/fundamentals about Bitcoin so feel free to point out and I am open to any suggestion !

Many Thanks,