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ChristianKl comments on Bitcoin value and small probability / high impact arguments - Less Wrong Discussion

4 Post author: vbuterin 31 March 2015 04:48PM

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Comment author: ChristianKl 01 April 2015 03:23:21PM 1 point [-]

Also, Bitcoin has an advantage over gold in terms of security.

Given how often Bitcoins get stolen I don't think the practical security of bitcoin is that high.

Guarding a lot of gold in a vault is expensive, but keeping a Brainwallet is not.

A brainwallet has the problem that you risk forgetting it.