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There are online bitcoin wallets/banks. Think hotmail, but for bitcoin. They get hacked, you lose your bitcoin. Without cdic insuranc, you get nothing back.
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[–] SanFranTrailerPark 0 points 1 point 1 point (+1|-0) ago
How did they steal millions of bitcoins? Just hack the people's machines?
[–] Creggieb 0 points 1 point 1 point (+1|-0) ago
There are online bitcoin wallets/banks. Think hotmail, but for bitcoin. They get hacked, you lose your bitcoin. Without cdic insuranc, you get nothing back.
[–] SanFranTrailerPark 0 points 1 point 1 point (+1|-0) ago
CDIC insurance, socialized protection for hackers of regular banks. Too many facilitations for crime in this country.
[–] WolfShepherd [S] 0 points 1 point 1 point (+1|-0) ago
No , IRS raiding traders for taxes, dark web criminals
[–] Veggiehead 0 points 1 point 1 point (+1|-0) ago
Agreed, think the whole thing is an elaborate scam.