Recent submissions

Comment · 2 years ago
Comment · 2 years ago
Comment · 2 years ago
Comment · 2 years ago
> reusing private keys is an enormous vulnerability.

As long as the private key is stored/handled safely and RSA/ECC is not broken, it is not vulnerable.

I do agree that key rotation is better/recommended practice.

> a single leaked private key means your entire site is compromised

The leak is the actual vulnerability. As long as the leak is still there and you are not aware of the compromised private key, a fresh new private key will probably leak again.

However, the chances of leaking may be greater if a private key has to be used in multiple locations.

Comment · 2 years ago
> That's why countries changed it, because they realized their economies were more valuable that their gold stash

Then it is interesting that, with gold being less valuable nowdays than fiat money, central banks (or countries) are still the largest buyers of gold.

Comment · 2 years ago
Comment · 2 years ago
Comment · 3 years ago
Isn't that almost always the logical consequence once you understand how Bitcoin works and you believe it can actually work as a safe haven investment?

Those who believe it can not work are most probably not invested. Those who believe it can work are most probably invested.

Comment · 3 years ago
Comment · 3 years ago
This is exactly what makes Bitcoin a fantastic store of value. Bitcoin supersedes gold because compared to gold, it has no other use.

If Bitcoin would be used as a store of value instead of gold, gold can be used for other material purposes for a lower price. The same goes for real estate. A house does not have to be an investment asset or store of value. If (institutional) investors would use Bitcoin instead of housing, it could make housing affordable again. Or at least result in more fair/realistic housing market instead of the propped up market from the last few years.

Compared to gold and real estate, Bitcoin is a scarce asset that can easily be divided into small pieces. It has a liquid market and can be exchanged 24/7 anywhere in the world.

Comment · 3 years ago
> See, it's already over. If you have to explain that to a layperson, it's not going to get adopted.

Does every layperson have to adopt stocks or commodities? Are these also dead if a layperson does not adopt it?

Comment · 4 years ago

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton