<p>On the contrary! Computer security is necessary, even without cryptocurrencies. The current economy is very much dependent on the internet, nothing can reverse that. Besides, you can receive the bitcoin blockchain from satellite, so strictly speaking, internet is not needed for bitcoin, it is just a medium of distribution. You could, for example use a mesh network.</p>

<p>If you sum up all the code used for VISA/Stripe/etc, it will probably be mode code that what Bitcoin contains. Assuming a similar bug count per line, you would then have more security issues with fiat infrastructure! And Bitcoin is open source, which has been proven to improve code quality. So in reality, you have less code, and you have less bugs per line.</p>

<p>What cryptocurrencies do, is that they replace authentication based on fuzzy methods like your bank asking your social security number on the phone with authentication based on cryptography. If you can't keep your data secret, you will lose your Bitcoin very quickly, while it might take some time with the fiat systems.</p>

<p>Do you want a world in which you are dependent on broken methods of authentication? I would encourage you just to understand how to keep your data safe, instead.</p>

<p>So while Bitcoin users may lose money often because of lacking security, that is not the fault of Bitcoin. Bitcoin is an incentive to learn about security, therefore it is good.</p>

CC BY-SA 4.0
2020-03-15T19:50:03.077Z
thanks alot,great info.
Nocturnal
CC BY-SA 4.0
2020-03-15T19:52:32.513Z
@Nocturnal hand me an upvote then, please :)
Janus Troelsen
CC BY-SA 4.0
2020-03-15T19:53:05.933Z
cant upvote to few pts
Nocturnal
CC BY-SA 4.0
2020-03-15T19:53:18.580Z
aah, ok, thanks anyway :)
Janus Troelsen
CC BY-SA 4.0
2020-03-14T16:24:10.533Z
2020-03-14T16:24:10.533Z
Janus Troelsen
<p>Is money in your bank account or locker safe?</p>

<p>Moreover is the money in your wallet right now safe?</p>

<p>Cryptocurrencies are not safer. They are prone to be stolen because you would not have taken your digital security seriously.</p>

CC BY-SA 4.0
2020-03-15T19:36:55.843Z
great last point
Nocturnal
CC BY-SA 4.0
2020-03-14T20:41:12.640Z
2020-03-14T20:41:12.640Z
Mark V
<p>Ive a problem with the concept of crypto in one aspect. What about "cyber safety"? Given that there will be more online malicious activity in the future, isnt cryptos dependence on the internet a weakness?</p>

<currencies><safety>
Crypto currencies and internet dependence
Nocturnal
# Crypto currencies and internet dependence

(Asked by: username_0 on 2020-03-11)

Ive a problem with the concept of crypto in one aspect. What about "cyber safety"? Given that there will be more online malicious activity in the future, isnt cryptos dependence on the internet a weakness?

**Tags:** currencies, safety


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## 2 answers

### Answer by username_1 on 2020-03-14. Score: 0 | Accepted answer

On the contrary! Computer security is necessary, even without cryptocurrencies. The current economy is very much dependent on the internet, nothing can reverse that. Besides, you can receive the bitcoin blockchain from satellite, so strictly speaking, internet is not needed for bitcoin, it is just a medium of distribution. You could, for example use a mesh network.

If you sum up all the code used for VISA/Stripe/etc, it will probably be mode code that what Bitcoin contains. Assuming a similar bug count per line, you would then have more security issues with fiat infrastructure! And Bitcoin is open source, which has been proven to improve code quality. So in reality, you have less code, and you have less bugs per line.

What cryptocurrencies do, is that they replace authentication based on fuzzy methods like your bank asking your social security number on the phone with authentication based on cryptography. If you can't keep your data secret, you will lose your Bitcoin very quickly, while it might take some time with the fiat systems.

Do you want a world in which you are dependent on broken methods of authentication? I would encourage you just to understand how to keep your data safe, instead.

So while Bitcoin users may lose money often because of lacking security, that is not the fault of Bitcoin. Bitcoin is an incentive to learn about security, therefore it is good.

> **Comments:**
> **username_0**: thanks alot,great info.  
> **username_1**: @username_0 hand me an upvote then, please :)  
> **username_0**: cant upvote to few pts  
> **username_1**: aah, ok, thanks anyway :)  

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### Answer by username_2 on 2020-03-14. Score: 0

Is money in your bank account or locker safe?

Moreover is the money in your wallet right now safe?

Cryptocurrencies are not safer. They are prone to be stolen because you would not have taken your digital security seriously.

> **Comments:**
> **username_0**: great last point  

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