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RE: The BitFinex Hack and why Steem Power may be the safest place to put your money for the foreseeable future

in #steemit9 years ago

The fact that Bitcoin is immutable only makes it more attractive to hackers. So on some level you are right, this could continue to happen indefinitely and frequency could increase. Security includes disaster recovery and Bitcoin has limited ability to recover from certain kinds of attacks such as the kind against centralized exchanges or even government confiscation.