Ultimately, the founders of bitcoin companies need to understand security themselves or they won&#x27;t be able to hire and manage a competent team.<p>Despite all the theoretical advantages of blockchain over conventional banking protocols, they are not doing categorically better than banks at avoiding major losses. Although, the numbers at <a href="http:&#x2F;&#x2F;www.risk.net&#x2F;operational-risk-and-regulation&#x2F;opinion&#x2F;2454379&#x2F;bangladesh-bank-fraud-is-a-comedy-of-op-risk-errors" rel="nofollow">http:&#x2F;&#x2F;www.risk.net&#x2F;operational-risk-and-regulation&#x2F;opinion&#x2F;...</a> are shocking.