An while we discuss this , its almost hitting $16k… From: Af <af-boun...@afmug.com<mailto:af-boun...@afmug.com>> on behalf of Mathew Howard <mhoward...@gmail.com<mailto:mhoward...@gmail.com>> Reply-To: "af@afmug.com<mailto:af@afmug.com>" <af@afmug.com<mailto:af@afmug.com>> Date: Thursday, December 7, 2017 at 10:43 AM To: "af@afmug.com<mailto:af@afmug.com>" <af@afmug.com<mailto:af@afmug.com>> Subject: Re: [AFMUG] Bitcoin Worth Millions Stolen Days Before US Exchange Opens | Business News | US News
Yeah, but most of that applies to paper US dollars too. The main difference being that there's nothing like an FDIC insured bank where you can store you're Bitcoin without having to worry about it being stolen. On Thu, Dec 7, 2017 at 8:26 AM, Steve Jones <thatoneguyst...@gmail.com<mailto:thatoneguyst...@gmail.com>> wrote: Recreating it is the same as counterfitting. If i lose 100 bucks while im out. I cant wake up and when the hangover cures, just print a new bill. Crypto currency is by nature "anonymous" whoever posseses it owns it, not like a stock or bond thats got a trail of identifiable ownership. This is why it will never function as an actual currency, its just a digital commodity with no inherent safety net. Even a gold bar you can stamp. One bitcoin is theoretically indiscernable from another, so even if you tracked it, you couldnt prove ownership. With no central backing, even if you could, theres no enforcement body to make anyone give it back.... aside from a hard fork On Dec 7, 2017 8:17 AM, "Gino A. Villarini" <g...@aeronetpr.com<mailto:g...@aeronetpr.com>> wrote: Right.. Same idea From: Af <af-boun...@afmug.com<mailto:af-boun...@afmug.com>> on behalf of Matt Hoppes <mattli...@rivervalleyinternet.net<mailto:mattli...@rivervalleyinternet.net>> Reply-To: "af@afmug.com<mailto:af@afmug.com>" <af@afmug.com<mailto:af@afmug.com>> Date: Thursday, December 7, 2017 at 9:38 AM To: "af@afmug.com<mailto:af@afmug.com>" <af@afmug.com<mailto:af@afmug.com>> Subject: Re: [AFMUG] Bitcoin Worth Millions Stolen Days Before US Exchange Opens | Business News | US News Right. But this is digital. On Dec 7, 2017, at 08:24, Gino A. Villarini <g...@aeronetpr.com<mailto:g...@aeronetpr.com>> wrote: Same as you steal paper money, you can’t deactivate the stolen notes and draw yourself new ones … From: Af <af-boun...@afmug.com<mailto:af-boun...@afmug.com>> on behalf of Matt Hoppes <mattli...@rivervalleyinternet.net<mailto:mattli...@rivervalleyinternet.net>> Reply-To: "af@afmug.com<mailto:af@afmug.com>" <af@afmug.com<mailto:af@afmug.com>> Date: Thursday, December 7, 2017 at 9:09 AM To: "af@afmug.com<mailto:af@afmug.com>" <af@afmug.com<mailto:af@afmug.com>> Subject: Re: [AFMUG] Bitcoin Worth Millions Stolen Days Before US Exchange Opens | Business News | US News How do you steal bit coin it's digital currency. Can't you just deactivate whatever was "stolen", and re-create it, this digital currency is completely foreign to me. On Dec 7, 2017, at 08:07, Jaime Solorza <losguyswirel...@gmail.com<mailto:losguyswirel...@gmail.com>> wrote: https://www.usnews.com/news/business/articles/2017-12-07/bitcoin-miner-nicehash-reports-hack-theft-of-its-wallet Jaime Solorza
