[Cryptography] Standards Trolls: Re: Bitcoin is a disaster.
Bertrand Mollinier Toublet
crypto-metzdowd at bmt-online.org
Wed Jan 13 00:33:41 EST 2021
> On Jan 12, 2021, at 1:54 PM, John Levine <johnl at iecc.com> wrote:
>
> Bloomberg's Matt Levine (not a relative) writes about bitcoins in
> today's column, riffing on news reports about people who would be
> gazillionaires if only they could remember their passwords.
>
> The gist of it is that as more people who are less technical become
> interested in bitcoin, it is becoming ever more like other financial
> assets, with third party custodians and so forth. The commmunity where
> people consider it a feature that a lost password means your bitcoins
> are lost forever is not large:
>
> https://www.bloomberg.com/opinion/articles/2021-01-12/don-t-forget-your-bitcoins
>
I will admit, sheepishly, that I am a member of that community, however. No gazillions stuck behind the forgotten password, but still, a sizable enough chunk of cash given the current BTC rates…
Thankfully, I had invested early, so it’s not so many USD sunk into this.
-—
Bertrand
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