Lmao imagine being so humorless that not only do you not understand certain types of humor, but you actively seek and destroy humor elsewhere that you don't understand. ^src

Snapshots:

1. This Post - archive.org, megalodon.jp*, removeddit.com, archive.is

2. https://www.reddit.com/r/ethereum/c... - archive.org, megalodon.jp*, removeddit.com, archive.is

3. https://etherscan.io/address/0xb3aa... - archive.org, megalodon.jp*, archive.is

^{I am a bot. (Info / Contact)}

tfw your exchange is hacked and your money is stolen, causing rapid devaluation of your remaining holdings

BUY BUY BUY

buy the dip

When you're apparently a tech pioneer and also don't notice that there isn't a correctly-coloured padlock in the address bar.

This is good for drama coin

using a dApp in the browser

No sympathy.

That's why I invest in precious metals over crypto, gonna have to rob my bank and jimmy open my safety deposit box to steal my shit.

That crypto may have been stolen, but at least it's secure, right? I'd hate to think that all those crypto advocates might have been full of BS.

Remember, these tech experts know everything about tech, including how DNS is apparently completely centralized.

You should totally trust these captains of industry about everything tech related.

It's only as secure as the weakest point.

Imagine all of the banks. Now imagine their websites are all ran by 1-2 people each with no formal education on computer science or computer security. They're also all looking to get rich. Also if they steal all of your money the law will do nothing.

This is the cryptocurrency environment in a nutshell. The online wallet site that got their DNS server hijacked is ran by one person. Just one. And it probably facilitates millions of dollars worth of transactions a day.

The best part is that you can download the source and run it locally, which would keep you safe from any DNS hijacking issues. Anyone who lost money in this hack has nobody to blame except themself.

This SRSpost has been brought to you by the letter 'bussy'.

online wallet

No, THAT'S the weak point. Only a complete moran would use an online wallet. I guess it still boils down to the weak point being people, though.

moran

🤔🤔

I'm fairly certain MEW is more an interface. You can generate a wallet there, but a lot of people use it to easily send coins off of hardware wallets. I've only used it a couple times locally for sending tokens. Hardware wallets are designed so that the wallet/private keys are never exposed under any circumstances. Only way you could get bamboozled is if you don't double check the address you're sending to on the device.

That's the dumbest part, MEW isn't an online wallet. Day one of owning Ethereum I downloaded the MEW source and ran it locally for any and all access to shield myself from this single-point-of-failure shit that has happened time and time again with dApps hosted on web servers. Nobody who understands how dApps work and takes advantage of their decentralized nature got burned by this.

Shut up fatty

If crypto can't be made safe for dumb people or technological illiterates, how will it ever get enough traction to be accepted universally as currency? Those two groups combined are like 95% of the populace.

It won't. Decentralized currency means putting all security responsibilities on the user. Anyone who thinks bitcoin will ever be a universally accepted currency is delusional. It has many uses, but it will never replace fiat.

i mean that also applies to cash

It won't

If my bank gets hacked, they'll make me whole. If they don't have enough money to do so, their insurance will make me whole.

There's no FDIC/SIPC for cryptos.

With shit like this happening, crypto is a fucked investment.

This is beyond volatility, this is the wild west.

and if you look at the comments for that address, it's full of beggars and other scammers: https://etherscan.io/address/0xb3aaaae47070264f3595c5032ee94b620a583a39#comments

crypto "enthusiasts" are basically virtual gypsies