Quote:
Originally Posted by RICH1
Don't know enough about it! Evidently it's not Federally Insured...
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That's kind of the point of Bitcoin.
There is nothing to insure against. No one but you has control of it. It exists on the blockchain and you are responsible for securing the Keys.
Which is a plus and a minus. Keep your keys secure and you have nothing to worry about. Lose the keys and there is no one to call to restore your bitcoin.