Security News > 2023 > September > Cryptocurrency Startup Loses Encryption Key for Electronic Wallet
2023-09-06 11:05
Anonymous September 6, 2023 7:49 AM. "I can't understand why anyone thinks these technologies are a good idea."
Maybe because the people are fed up with the current system that they are willing to undergo the risk rather than to submit to the corrupted system? Maybe they perceive that risk smaller than the risks they have to face from the corrupted system?
Centralized exchanges are prone to this kind of issues.
Thanks to those issues the usage of atomic swaps and decentralized exchanges will increase.
Why would anyone use the centralized solutions that can lock you out of the life at will, censor you, deplatform you force you to use surveillance coins, if one can use that cool tech that doesn't have those "Features"?