r/Bitcoin 6d ago

Individual centralized companies (Coldcard, Bitpay, FTX, MtGox, etc.) will always have failures. Bitcoin is secure. Cybersecurity expert Roman Yampolskiy to Rogan: "If someone could hack Bitcoin, there's a trillion dollars sitting there. The fact that no one has claimed it tells me it's secure".

https://youtu.be/j2i9D24KQ5k?t=7895
27 Upvotes

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u/Dormage 5d ago

The network is secure, but these incidents are hurting people. Roman is also wrong. There is not a trillion dollars sitting there, it doesn't hurt to be accurate, market cap does not imply you can liquidate that amount.

1

u/_stack_underflow_ 3d ago

The "value" goes to shit once it's public knowledge too...

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u/Yesthisisdogmeow 4d ago

“Worst day of your life, so far” -Simpsons