Sunday, January 19, 2020

Peter Schiff's Bitcoin Investment Totally Wiped Out



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.

Has Peter experienced a new problem?

-RW


4 comments:

  1. I don't know the specifics of the situation, but did he have a backup of his wallet? Is that possible to do?

    ReplyDelete
    Replies
    1. Yes it is. I was able recover my coins from a backup once.

      Delete
  2. I believe durability is one of the essential features of true money---a feature that bitcoin would seem to lack.

    ReplyDelete