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RE: Your Bitcoin, ETH, STEEM, and other Crypto are NOT stored securely.

in #bitcoin6 years ago

That's not the main point of difference.

The comparison is of how cold storages retain the private key forever while Bitfi only generates the key for the instant it is needed. Entities with sufficient resources can breach the devices, but while a cold storage would end up providing access to the key, Bitfi wouldn't as there's nothing held within.