Comment by hypeatei
12 hours ago
> You, as a developer working on Bitcoin, need to take your time to understand your changes, document them clearly, and verify they do what you think.
Or, you could realize that using a financial technology which relies on no software bugs ever is probably flawed at its core. "Not your keys, not your coins" was (is?) the zeitgeist but even people who did the "right thing" and used a cold wallet still got screwed. I don't know why anyone would keep their wealth in something that requires so much technical excellence.
The "right thing" here is subjective.
If one uses a good source of entropy (e.g. dice rolls) then one will not "get screwed."
> I don't know why anyone would keep their wealth in something that requires so much technical excellence.
It's not for everybody, for sure.
> If one uses a good source of entropy then one will not "get screwed."
How many users were told to verify the source code to make sure it was using good entropy? How many would actually do that even if told? Obviously not even the most hardline bitcoiners were looking at it.
> dice rolls
Yes, the new cope I've seen is that you should've been using casino-grade dice[1] to make sure your entropy is good LOL. Mass adoption soon, I'm sure.
1: https://old.reddit.com/r/Bitcoin/comments/1vcr4r4/dice_rolls...
I take it you get your paycheck in cash?
Banking-related errors have recourse
No, via direct deposit. I had a co-worker once who miskeyed his routing+account numbers and guess what? He still got his money a few days later and it wasn't lost to the void.
There is no blockchain, seed phrases, nor cold wallets required for this amazing feat of money transfer/remediation to take place.
Great! Maybe the government should stop over regulating the banking system so the same protection will also be available to someone who buys drugs.
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