Maybe I'm missing some detail of the scheme you're proposing, or have some funda... | Hacker News

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

Maybe I'm missing some detail of the scheme you're proposing, or have some fundamental misunderstanding of bitcoin, but if bitcoin is anonymous and untraceable, how do you prevent insurance fraud?

jarin on June 14, 2011 [–]

You could only insure bitcoin that is stored in a wallet that you control (i.e. act as a bank).

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