FDIC or SIPC don't cover you if you have stacks of cash that get stolen. This gu... | Hacker News

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cheez on June 14, 2011 | parent | context | favorite | on: Computer compromise leads to theft of bitcoins val...

FDIC or SIPC don't cover you if you have stacks of cash that get stolen.

This guy wasn't using a bank, he wasn't encrypting his wallet, so that is inevitable.

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