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To: aMorePerfectUnion

To prevent theft, all forms of crypto must be in “cold storage.”

This means on a flash drive not connected to the internet, typically in a fireproof safe.


So, unlike other fiat money, like those backed by nations, there is an incentive to hoard it, rather than investing it back in the system?


19 posted on 05/08/2019 10:23:55 AM PDT by cuban leaf
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To: cuban leaf

Just to keep it safe until you want to transact something...

It isn’t money. It an asset.


30 posted on 05/08/2019 10:48:41 AM PDT by aMorePerfectUnion
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