Post
Topic
Board Bitcoin Discussion
Re: The biggest Crime in cryptocurrency
by
cointraderr
on 25/05/2019, 13:55:30 UTC
The biggest crime in Crypto currencies are the fact that private centralized institutions hijacked the whole experiment and then caused all these problems. Satoshi did not want people to do P2P transactions via 3rd part centralized services, he wanted people to trade 1 on 1.

These centralized services used exploitable code and hackers and thieves quickly realized this and they targeted these vulnerabilities. So Bitcoin was not responsible for these hacks, but rather 3rd party services with weak software.  Angry

Can't agree more. All hacks till date are only due to vulnerabilities in 3rd parties like crypto exchanges. If you keep your secret key safe there is no power on earth that can hack your BTC account.