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Nikamoto
replied 2205d
Banks have a lot of money in "hot wallet" too. It's not different, and they don't get hacked
Moreover with LN I'm pretty sure you can hide behind tor
replied 2205d
Oh wow, now THAT's a BS argument. So "banks" hold coins in a permissionless crypto fiat ledger?.....
Nikamoto
replied 2205d
What's the difference ? There is a lot of cash inside "banks" (or ATM or whatever) that you can just steal if you hack them. If we use crypto it won't be different, we won't have hacks
replied 2204d
Banks only open accounts to people with known identities in the same country as they are located in, that's the difference.
replied 2204d
My experience is different. I opened a US bank account without residing there.
Nikamoto
replied 2204d
How that makes them less vurenable to hacks ?