effective and fully decentralized means we're all Fort Knox [was: Cryptsy theft->bankruptcy]

[coderman@gmail.com (coderman)]

On 1/19/16, dan@geer.org <dan@geer.org> wrote:
> ...
>    Bitcoin Heist Steals Millions from Exchange


full decentralization a double edged sword, for sure.

if we're all sovreign bankers and multi-national producers,
 perhaps Snowden threat model not so outlandish?

first disable passive Eve,
 then deny Mallory her middle,
  finally defend the edges from Black Burglary...


sounds trivial!  ;)


best regards,