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RE: CoinCheck Hacked ($500M gonezo), Re-affirming the need for personal crypto security!
Nailed it.. If you don't hold your private keys, you're just praying someone else is responsible enough for you.
Nailed it.. If you don't hold your private keys, you're just praying someone else is responsible enough for you.
The main problems with the current global financial system is debt and trust in others who honestly don't deserve that trust. Hopefully cryptos will fix both these massive problems!
I think the other problem for people is simply understanding the technology, and what they're actually invested in. There is a very real minimum amount of technological understanding you have before you even enter the market (if you're smart), and there's a very real minimum amount of technological understanding that bars you from actually being able to effectively research anything in the crypto marketplace...let alone secure it.