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RE: Bitfinex, Blockchain Hacks, and Replay Attacks Oh My - All Things that Steem’s Technology is designed to prevent.

in #steem8 years ago

The key to security is time.

Thank you for this insight. As someone who loves efficiency and transformation, I often miss this simple, somewhat conservative, viewpoint.

What good is a cryptocurrency that is statistically less secure than the funds in your bank?

This, I think, is one of the main reasons many of my friends have never joined the cryptocurrency bandwagon. They see huge price volatility, scary headlines about hackers and thieves, and they just move on. Steemit could change this (it got my wife into crypto after 3 years of me failing to do so). The innovations you and your team are consistently putting out are amazing. I've never been a fan of an altcoin until I found Steem. Please keep up the great work.

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I am like your wife @lukestokes many of my friends tried to convince me but steemit finally did it . I am still in crypto currency "baby shoes " but slowly I get it! Get as much steempower as possible and be patient .

Thanks for the confidence re-instilled. I'm going to start buying steem instead of just earning it.