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RE: What Bitfinex claimed about their security 2 months ago
I stopped reading at "had all my life savings on a centralized crypto exchange".
I stopped reading at "had all my life savings on a centralized crypto exchange".
Oddly enough so did I. I don't know why though. I can't wait to see what a decentralized exchange will bring.
It is not just the fact that this user had his life savings on a centralized crypto exchange .. it is also that all of his life savings were in crypto.
Make no mistake, this is all a giant experiment. The future looks bright, but it is a risky investment.
Nobody should be putting their life savings into crypto, in my opinion.
At any rate, alternatives to centralization already exist, I wrote something about this just today
Click here to read the full article on steemit.com
Well I wasn't really bothered by the fact that he had it all in crypto. It is just reading that made me lose interest for some reason. I'll definitely check out that article. As for the whole devoting it all to crypto it's not really a turn off to me cause all people are willing to risk different amounts.