Outsider looking in but doesn't cold storage defeat the whole purpose of crypto currency.

Antaries9000
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Outsider looking in but doesn't cold storage defeat the whole purpose of crypto currency.

Don't get me wrong I understand the necessity with all the craziness going on. But one of the ideas behind crypto, is that you can easily transact over the Internet you can pay for things and invest in it. But if you have your bitcoin on a USB stick, in a trunk buried in your garden is not exactly fit for that purpose. Also it's getting to the stage to anyone without a PhD in web security, would dare not put that USB stick in any computer attached to the Internet because there might be some new kind of attack with suck away all your funds.