On: Betting on Bitcoin: Fundamentals vs Technical Analysis

[jpadkins]

So use mybitcoin.com then.

Or another 3rd party you trust.

[jaysonelliot → jpadkins]

And what happens if mybitcoin or whatever third party proves itself untrustworthy?

I can't see myself trusting any unregulated, unsecured entity with any significant amount of my personal wealth.

[jpadkins → jaysonelliot]

Who regulates the Federal Reserve?

You trust the SEC to secure your wealth?

[ceejayoz → jpadkins]

It's a lot easier to go to the SEC offices (or the offices of our elected reps who appointed them) with pitchforks than it is to get to the folks running mybitcoin.