Topic: Trusting Online Wallets? How to Protect your Coins (Read 639 times)
yea, I agree so for the time being it's paper wallets, cold storage and encrypting wallet.dat files
yeah true for now but sometime in the future (some years ahead) we need an exchange with insurance.
Hmmm... entire exchanges are vanishing overnight without a trace (a la GBL of China) and you are talking about exchange insurance. Insurance for BTC exchanges is not economically feasible for any future BTC Insurance company. The risk from hacking / stealing / fraud is exponentially higher.
yeah true for now but sometime in the future (some years ahead) we need an exchange with insurance.
Recently I have had people asking me about online wallets, I personally warn you against this and offer an alternative of securing your wallet.dat local files instead.
Enjoy
Video: http://youtu.be/Vxdl9h7e92Y
Enjoy
Video: http://youtu.be/Vxdl9h7e92Y
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