There are a lot of obvious problems with Bitcoin, especially from a lack of privacy perspective, but it has not been tested over history which means only time will tell what other problems may emerge.I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad! pic.twitter.com/6SJvDJOZU6— Peter Schiff (@PeterSchiff) January 19, 2020
Has Peter experienced a new problem?
-RW
Not if he runs Windows...
ReplyDeleteI don't know the specifics of the situation, but did he have a backup of his wallet? Is that possible to do?
ReplyDeleteYes it is. I was able recover my coins from a backup once.
DeleteI believe durability is one of the essential features of true money---a feature that bitcoin would seem to lack.
ReplyDelete