John Mattson
Aug 8, 2017 · 1 min read

You have explained perfectly why I have held off putting on bitcoin. I understand the security of pub/priv and see how such a system can work. But I also understand how keys must be protected because they can be lost of compromised. It seems to me that one of our pillars of IT security is backups; however, every backup of your key system becomes a potential security problem. And physical disasters to the devices where they are stored, not to mention EMP.

Another thing which I have been thinking about is the recent US and international sanctions on Russian oligarcs sending their money overseas and how this may be contributing to the explosion in value of Bitcoin.

    John Mattson

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