Post
Topic
Board Beginners & Help
Re: As a newbie I think decentralise poses more threat to investors, correct me if w
by
Cantsay
on 06/11/2022, 12:55:28 UTC
This is just an excused of someone who doesn't know the true meaning of freedom. if truly you know what it means to be in control of your funds then you won't be spitting out BS.

Crypto investors talk about how decentralisation will benefits all but all I saw is how cruel decentralisation in crypto space can be, hacks and theft have make decentralized projects the perfect target.

Hacks doesn't only apply to decentralized system it applies also to centralized system. It all comes down to how careful you are when handling your security details.

Quote
If its centralised there will always be someone to take the blame but that's not the case with decentralised projects
So you're saying that if your bank account (if we take bank as an example of a centralized system) for example is compromised and all your funds got stolen you mean those managing the bank will pay for your lost funds right?