alt Hacker NewsUntil now I oddly never questioned how any government could seize someone's bitcoin and how a government keeps the private keys of their crypto wallets secure.
Until now I oddly never questioned how any government could seize someone's bitcoin and how a government keeps the private keys of their crypto wallets secure.
a lot of known best practices were not followed in 2013.
Every advancement in crypto was done after the government made a move. And all subsequent moves netted the government less.
Now it takes more agencies to seize darknet markets, and most merchants and consumers get their money back because it was a multisignature transaction and the server stored nothing. Even domains have been seized back from the government.
The crypto space calls it "antifragility", as in the idea - and now history - that the asset class and infrastructure improves under pressure.