I am often asked if I will “return to cryptocurrency”

Re:I am often asked if I will “return to cryptocurrency” by davidcbc on Thursday July 15, 2021 @12:53PM (#27846833)

It's not like a credit card at all. With my credit card if someone steals my card and runs up a bunch of debt I'm not on the hook for the charges.

With cryptocurrency I'm completely out of luck and my money is gone forever by design.

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Re:I am often asked if I will “return to cryptocurrency” by ludjer on Thursday July 15, 2021 @04:50PM (#27849963)

This is my biggest problem for crypto. For us power users we are fine but for the average joe and my parents I would never let them hold their own keys. You here every day people getting scammed and hacked now imagine if they could lose all their life savings because they where not 100% tech savvy.

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Re:I am often asked if I will “return to cryptocurrency” by phasnox on Sunday July 18, 2021 @10:34AM (#27873271)

That is why custodial services will never disappear.

Bitcoin is about having the option to choose between custodial and permissionless.

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