[Cryptography] Bitcoin theft and the future of cryptocurrencies

John Levine johnl at iecc.com
Tue Dec 19 22:45:03 EST 2017


In article <CAH9pdwftbj2Rwk8ih=3TGs0uj_ssU-oi_DsU-E1kaEpP2yLLTA at mail.gmail.com> you write:
>The real question is if people (as in the average joe, not just from the
>crypto community) would trade the anonymity of bitcoin and other coins for
>one that's less private but more scam and theft-proof.

If you compare the number of transactions done with cash these days to
the number done with plastic, the answer should be pretty obvious.

This article in today's NY Times looks at NY doormen and other
employees who have traditionally gotten a lot of income from cash
tips, but nobody has cash any more:

https://www.nytimes.com/2017/12/18/style/seasonal-tips-cash-free-payments.html

R's,
John


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