re: #395 wheat-dogg

Bitcoin is unaffected by these hacks. It’s the Bitcoin-wannabes with poor cryptography and coding that are falling victim to the hacks. Verge itself has been hacked no less than three times, and its dev(s) seem unwilling to ask any experts for advice. Monacoin is a sketchy project that supposedly will issue crypto-based debit cards, except that Visa wants no part of it. And Bitcoin Gold is an attempt to cash in on the Bitcoin “brand.”

There are more than 1,400 crypto-currency projects. Using three fails to label all of them as stupid is irresponsible. Sorry, Rebecca. pets.com failed. amazon.com did not.

I don’t see much use in any cryptocurrency. Pretty much none of them can be used in any significant way (other than illegal crap). If the nation collapses and takes the dollar with it, I have a lot bigger problems than the dollar collapsing. If any cryptocurrency collapses (or gets ripped off, such as Mt Gox) you’re pretty much on your own.