OK, you convinced me, I am all in.
From: Josh Reynolds
Sent: Thursday, December 7, 2017 11:56 AM
To: af@afmug.com
Subject: Re: [AFMUG] Bitcoin Worth Millions Stolen Days Before US Exchange
Opens | Business News | US News
BTC almost hit $20k... Made it to 19. There's still time!
On Dec 7, 2017 8:42 AM, "Josh Reynolds" <j...@kyneticwifi.com> wrote:
Same as if somebody punches you and takes your wallet, or takes more than the
250,000K the FDIC insures out of your $20mil bank account.
On Dec 7, 2017 8:26 AM, "Steve Jones" <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> wrote:
Right.. Same idea
From: Af <af-boun...@afmug.com> on behalf of Matt Hoppes
<mattli...@rivervalleyinternet.net>
Reply-To: "af@afmug.com" <af@afmug.com>
Date: Thursday, December 7, 2017 at 9:38 AM
To: "af@afmug.com" <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> 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> on behalf of Matt Hoppes
<mattli...@rivervalleyinternet.net>
Reply-To: "af@afmug.com" <af@afmug.com>
Date: Thursday, December 7, 2017 at 9:09 AM
To: "af@afmug.com" <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>
wrote:
https://www.usnews.com/news/business/articles/2017-12-07/bitcoin-miner-nicehash-reports-hack-theft-of-its-wallet
Jaime Solorza
