With Crypto-Currency Even Digital Wallets Can be Picked

A disastrous mistake made with one touch of the finger, ethereum, a form of cashless currency held in “virtual wallets”, has been frozen and made unavailable to the owners of those wallets.

With this most recent fiasco almost $300M cannot be accessed by its owners, and they may never get it back. If just the concept of crypto-currencies like bitcoin and ethereum makes your eyeballs start rolling out of their sockets, you are not alone. However, what we do need to understand is that even these supposedly safer, virtual currencies can go very, very wrong.

Read in RT

 

 

About Barbara MacLean

Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.

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