Re:FTX US’s wallets appear to be hacked, $600M leaving the e...
by redox99 on Saturday November 12, 2022 @04:20AM
(#33571503)
Crypto obviously has its disadvantages, hacks being one. There could be major UX improvements to crypto that would aid in reducing hacks and increasing security.
But either way, it's a tradeoff and that's fine. TradFi is reversible and centralized, crypto is not. Sometimes you want one thing, sometimes you want the other.
I like having part of my assets in a way that can't be frozen, like the people that protested in Canada whose banks accounts were frozen.
But either way, it's a tradeoff and that's fine. TradFi is reversible and centralized, crypto is not. Sometimes you want one thing, sometimes you want the other.
I like having part of my assets in a way that can't be frozen, like the people that protested in Canada whose banks accounts were frozen.