Hardware wallets are safe, multisigs are safe. You can be safe if you put in the effort. If you don’t want to do it, that’s your call, doesn’t mean the system sucks.
Yeah difficulty is adjusted depending on how many “devices” (simply put) are mining, the target is a specific blocktime.
What’s gonna kill bitcoin is the ever decreasing issuance, but that’s not the problem of crypto nor mining for that matter, just bitcoin.
Have you skimmed over the point that I think that Ethereum (one of the few sustainably deflating cryptos) isn’t just a currency but also a base for other things that may also serve as a currency?
Also, it’s not bad for the currency itself, just for the economy around it. And again, I’m not saying Ethereum should replace the dollar.
I think I just fundamentally disagree with the system then. I don’t think that the user should be completely responsible for being hacked. The 2FA wallets like metamask still seem to be “hosted” on the computer, so after the user types in the 2FA the private key is exposed. Basically too much complication.
Also the cost for using that tech is also a problem, otherwise the blockchain? size will become too large. But beyond that my knowledge is limited. I guess we just disagree on the fundamentals.
Hardware wallets are safe, multisigs are safe. You can be safe if you put in the effort. If you don’t want to do it, that’s your call, doesn’t mean the system sucks.
Yeah difficulty is adjusted depending on how many “devices” (simply put) are mining, the target is a specific blocktime.
What’s gonna kill bitcoin is the ever decreasing issuance, but that’s not the problem of crypto nor mining for that matter, just bitcoin.
Have you skimmed over the point that I think that Ethereum (one of the few sustainably deflating cryptos) isn’t just a currency but also a base for other things that may also serve as a currency?
Also, it’s not bad for the currency itself, just for the economy around it. And again, I’m not saying Ethereum should replace the dollar.
I think I just fundamentally disagree with the system then. I don’t think that the user should be completely responsible for being hacked. The 2FA wallets like metamask still seem to be “hosted” on the computer, so after the user types in the 2FA the private key is exposed. Basically too much complication.
Also the cost for using that tech is also a problem, otherwise the blockchain? size will become too large. But beyond that my knowledge is limited. I guess we just disagree on the fundamentals.