Does this remind us of some glorified Ponzi scheme? How does Bitcoin get hacked?... | Hacker News

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		knowThySelfx on Dec 11, 2017 \| parent \| context \| favorite \| on: Bitcoin Futures Start with a Bang as Rally Trips C... Does this remind us of some glorified Ponzi scheme? How does Bitcoin get hacked? It certainly isn't easy unless you are an insider. And perhaps NSA, since they created SHA-256. https://bitcointalk.org/index.php?topic=291217.0 The bubble will burst - some people will make money out of this and a whole lot of others will lose.

nawtacawp on Dec 11, 2017 [–]

I believe the hacks OP was referencing doesn’t have to do with SHA, but more to do with bitcoin exchange security and not protecting their btc correctly.

knowThySelfx on Dec 12, 2017 | [–]

I agree, it may not have to do with SHA, yet.

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