Edit: I made a couple corrections & clarifications in the 2nd post
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(Fact, not FUD) Every BTC address is at risk of theft,
especially the biggest ones.Note: If you disagree with my main point, please be civil, angry a-holes only make this community look worse than it already does to the outside world.
Fact #1:
"In Bitcoin, a private key is a 256-bit number, which can be represented one of several ways...."
Source:
https://en.bitcoin.it/wiki/Private_keyFact #2a:
Any private key can be guessed/tested by a computer/super-computer with nothing better to do than steal your BTC.
Fact #2b: There is no need to respond with the famous info-graphic re:
Bitcoin is backed by the power of math here it is:
Fact #2c:
Any private key can be guessed/tested by a computer/super-computer with nothing better to do than steal your BTC, given over
10,000 lifetimes of chances..
Now the sh^t gets real:
Most addresses are safe because the odds of theft are extremely low, but
the theoretical risk of guessing a "256-bit number, which can be represented one of several ways" does exist, and if you think that is incorrect please tell me why. Fact, not FUDTwo Options, please choose one:
* Go the "nerd route" and try to convince people that
in fact BTC is to be considered ~100% secure.
* Try some common sense:
(for example)
How about a
100% secure wallet (i.e. 99.9999% secure
) where the user makes a simple choice:
All transactions under ___amount are "good to go", at any time, and everything OVER ____amount are delayed until a extra layer of approval is submitted?
Any honest, non-violent thoughts to share?
ps Please see the edits in post #2