On today’s episode of The Cryptoverse…
By popular request from you dear viewers, today I am going to talk about the potential chaos that could appear on the 3rd of January 2019 due to the proof of keys campaign.
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CC in my opinion, this is FUD coming from a sincere heart! I appreciate the education. I was wondering do you have partnerships with reputable hardware wallets that offer discounts. please send or post link. Perhaps have a giveaway in the near future. Happy New Years!
Like many others I'd never heard of the proof of keys initiative but it seems a good idea as it'll educate people (as it did me) and stress test the third party holders. Hopefully ensuring they're carrying out their due diligence and good housekeeping etc.
But in my opinion the 'not your keys, not your bitcoin ' adage has always been and remains rule 1.
I'm going to participate by doing absolutely nothing. "Not your keys, not your Bitcoin" has been Rule 1 since the beginning.
Are you wearing that suit for New Years Eve party or is just for us (your viewers)?? Happy New Year Chris!
For viewers :)
man I love you insights!! I didn't know about that 95% in cold storage but I knew it will be a big dump for btc also I saw the 3rd January of 2015 and it was a big dip...correlation? what do you think?
Love the suite...it suite you! ;) sorry but you are not a t-shirt guy ;)
keep wearing bad ass suite like that or just tie or bow ties ;)
thank you!
ps I just registered to cryptoverse and would like to share my link on my page with more than 1,5K followers, I would love any incentives for me to do so?? thanks ;)
Hardware wallets are more safe than software wallets for users who understand how they work
Proof of keys challenge: will not take part. The negative effects are higher than the positive. Cold storage makes sense for personal and professional storage. People can get educated in better ways. --- Really GREAT (big) tie. :-)
I completely disagree with you
That's fine with me. Thank you for your feedback.
The warning of unintended consequences of proof of keys is fine and should be understood in the context of risks inherent in leaving coins on exchanges. I hope people are not leaving their crypto on exchanges.
Yep, did my bit, not that I had much on exchanges!!
I am curious how this will work out.
Proof of Keys? It's always somethin'
Happy 2019
I did not know of the initiative so thanks! I wonder if it will also impact other crypto assets as well as they follow the same structure for keys as well. This could be a huge move for the participants as last year without the initiative, delays were common due to the hype.
Posted using Partiko iOS
Does this apply for altcoins as well?