niko
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November 20, 2012, 07:03:43 PM |
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Exchanges I use have been around for a while, are registered businesses with authorities, and names of at least some people involved are known. In some ways, I trust their security practices more than my own. If you are going to tell me "told you so" if one of them disappears with the coins, be prepared to tell me "told you so" if my local machine gets compromised, or my wife runs away after sweeping the paper wallets, or I forget the brainwallet passphrase. The point being, no btc storage is 100% secure for an average user. We all weigh our risks, based on our IQ, knowledge, and the ability to judge them.
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