Nobody can steal my crypto, I don't need a physical vault for gold coins, and I can buy stuff around the world in minutes. Am in North America.
"Once the victim connected their crypto wallet, it was immediately drained of $900,000 in the USDC stablecoin"
"The "interchain stablecoin protocol" Harbor announced on August 19 that they had experienced an exploit that drained some of the funds in the project pools"
"The Exactly Protocol, an attempt to "decentralize the credit market" built on the Optimism layer-2 network, was exploited. An attacker has siphoned more than 7,160 ETH (~$12 million) from the project"
"Blockchain Capital co-founder Bart Stephens has filed a lawsuit against as-yet-unknown individuals who he says stole $6.3 million in cryptocurrency from him."
"Exploiters stole around 471 ETH (~$857,000) from the RocketSwap project "
"The Zunami Protocol stablecoin-focused yield farming aggregator was exploited for more than $2.1 million"
> I can buy stuff around the world in minutes
I've been able to do that in seconds for nearly 20 years now. Was/am in Eastern Europe, Turkey, EU. No crypto necessary
Hope you understand bitcoin security better than him.
https://cointelegraph.com/news/bitcoin-core-developer-claims...
That guy claimed his cloud VM was compromised. Few would consider that to be a secure way to keep a secret, and it could be a boating accident story. Boating accidents do happen.
I don't know how crypto proponents think they can simultaneously wave away this level of fraud but still seek economy-wide adoption.
And why presume what I may or may not be advocating?
Hope you're diversified...