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Comment by mrtksn

4 hours ago

The problem with Bitcoin being on your computer is that its useless there. No one in the gambling world cares about on-chain exchanges either.

Besides, when its in your computer they send you a modified computer with an esim and steal it just like that: https://news.ycombinator.com/item?id=50054092

The whole thing is a shady casino where the code is the law and who knows maybe the Binance guy actually made a deal to send $5B of crypto for a really cool NFT when drunk and now pretends that its a hack? We will never know, the code is the law and the law says that someone else has it now.

In crypto, you should gamble fast lose or win and get out. Pay/receive the ransom and get out. Pay/receive your drug/guns/espionage money and get out. You should never keep crypto if you are not OK with losing it.

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mrtksn

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busssard  36 minutes ago

Its the difference between gold and fiat.

Pirates wanted gold because they did not belong to any State to issue them IOU.

But owning the gold in a locker and trading with the IOU of the bank means you need to trust the bank instead.

NL807  4 hours ago

>The problem with Bitcoin being on your computer is that its useless there.

If you want to use the BC on your computer, you can transfer it to wherever you want.

  • mrtksn  4 hours ago

    Like Binance you mean? It's slow, expensive and they get you at the place where you transfer it. You transfer it because its useless in your computer.