"Spectacular failure is your destiny."

I thought jellicle's advice to Zhou Tong was insightful 248 days ago. Time has proven its wisdom.

http://news.ycombinator.com/item?id=2973803

-- systems that work with money are attacked hard and often, by intelligent skilled people

-- in fact some of the people who attack your system are likely to be both more skilled and more intelligent than you are

-- systems that work with money that fail, fail spectacularly ("What do you mean someone withdrew $8 million last night?")

-- banking websites, Paypal, etc. are all like icebergs - you don't see 9/10ths of the things they've done to prevent spectacular failure

-- spectacular failure is your destiny if you don't work very hard to prevent it

-- spectacular failure may be your destiny even if you do work very hard to prevent it

You should plan accordingly.

Anyone working with bitcoin would do well to read this advice from jellicle and forensic daily:

http://news.ycombinator.com/item?id=2973803