I'll take my chances with the banks and Nigerian Princes.
I'll take my chances with the banks and Nigerian Princes.
I don't know if this is right. Traditional money transfer is not some absolute, irreversible thing. It is the product of software yes; but more importantly, it is the product of trust between institutions and individuals, backed by government and the legal system.
In traditional finance, there is _far more_ than just the correctness software ensuring the safekeeping and transfer of your assets.
It's wont stop, not just crypto but almost everything that involves software will have potential attacks. Crypto is just another area where attacks happen. IMO More the attacks, over the time crypto industry will become more robust.
It is so commonplace and high volume that it is not news
If incidents were listed alongside unexpected crypto seizures, crypto would look like the better option whether it was onchain, smart contracts or custodial institutions (like Coinbase) involved. And that has nothing to do with the size of the respective markets
Its not a contest, but anti-crypto people or skeptics are just falling for clickbait at this point and it’s pretty goofy to see.