Suppose you walk through a city with a $100 bill in your physical wallet. Back at home, you notice that your wallet is gone, probably stolen by a pickpocket. What do you do?
Ask people on the street to reimburse you for your loss?
Accuse the wallet-maker for not providing you with a theft-proof wallet?
Accuse the FED for not making theft-proof banknotes?
Ask another thief to find the pickpocket and steal your money back?
IMHO I think there is a better analogy.
This technology is focused towards replacing the banking system, investment banking, and brokerage ... not merely physical wallets - am I not correct?
And your analogy of Fed theft proof bank notes ... come on now. You telling me accounts that hold money market funds do not have fraud protection?
Better Analogy (Banking): A cyber criminal gets your checking account information and makes withdrawals from your account. You call the Banks fraud department. The bank credits your money back and investigates the stolen funds. The bank has a way of verifying if the funds were stolen or not.
So my question is where is fraud protection for Bitshares? Doesn't appear to exist presently but I was hoping someone would be working on it .. but from your response above it's not very encouraging for myself or others that are not a technically savvy.
I hope you guys could figure this out because I supported Invictus from the start and was on board with the vision ... and if you guys are shooting for mainstream adoption you will have to have a solution for issues that currently exist in the current financial system... otherwise you will not see mainstream adoption.
Also, I really hope you guys could be considerate enough to help me recoup my losses ... I think that shouldn't be too much to ask from one of your original investors and long-time supporters. And hope to continue supporting, depending how everything goes. Also realize if I were using the current financial system (banking or brokerage), this would be a non-issue.