Bitcoin itself is just dandy and you bring up some good points. If it wasn't worth stealing, well, nobody would steal it
All of the hacks so far have involved severe retardation on the part of the hackees. Survival of the fittest and all... 
Topic: Hacks and thefts are mostly a good sign - page 3. (Read 4577 times)
Yup,
Bitcoin itself is just dandy and you bring up some good points. If it wasn't worth stealing, well, nobody would steal it All of the hacks so far have involved severe retardation on the part of the hackees. Survival of the fittest and all...
Bitcoin itself is just dandy and you bring up some good points. If it wasn't worth stealing, well, nobody would steal it
All of the hacks so far have involved severe retardation on the part of the hackees. Survival of the fittest and all...
I like this kind of positive outlook on life. I've been in a similar situation - you see, last year I was recklesly playing with a chainsaw and hacked off my leg.
The upside? That's one less part of my body I can injure in the future!
The upside? That's one less part of my body I can injure in the future!
I understand that victims feel bitter about it, and they should - but let's try to cool off for a moment and take a disinterested and objective view at what thefts mean for Bitcoin. Here are my observations:
- Hacking an exchange, preparing a long con job, running a Ponzi scheme - these are not trivial tasks. They require time, hard work, and sometime single-use tricks, which could all have been spent on other things and targets, unrelated to Bitcoin.
- Thefts indicate that bitcoins are already valuable, and can be easily and efficiently moved around the world and exchanged for goods, services, and other currencies. These facts may be something members of this forum all too easily take for granted, but general public may still need to be convinced.
- Thefts indicate that at this moment Bitcoin offers significant level of anonymity.
- Absolutely all hacks/thefts/scams to date were based on social engineering, SQL injection, cross-site scripting, and other mainstream technologies. Absolutely none of the hacks involved Bitcoin protocol itself in any way.
- Hacking an exchange, preparing a long con job, running a Ponzi scheme - these are not trivial tasks. They require time, hard work, and sometime single-use tricks, which could all have been spent on other things and targets, unrelated to Bitcoin.
- Thefts indicate that bitcoins are already valuable, and can be easily and efficiently moved around the world and exchanged for goods, services, and other currencies. These facts may be something members of this forum all too easily take for granted, but general public may still need to be convinced.
- Thefts indicate that at this moment Bitcoin offers significant level of anonymity.
- Absolutely all hacks/thefts/scams to date were based on social engineering, SQL injection, cross-site scripting, and other mainstream technologies. Absolutely none of the hacks involved Bitcoin protocol itself in any way.
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