RE: Hey Steemers, How Not to Handle a Hack: Bitfinex Says it will "Socialize" Losses Amongst All Its Users...

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Hey Steemers, How Not to Handle a Hack: Bitfinex Says it will "Socialize" Losses Amongst All Its Users...

in bitcoin •  8 years ago 

thats why I would never use a service, were they are in control of the private keys.

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Decentralization is the way to go. At least some wallets like BitGo offer insurance.