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Comment by phoe-krk

And people (especially here on HN) really can't see why so many are invested in and believe in actual money?

Your shitcoins are being hoarded by incompetent people in giant, minimally secured exchanges not to provide you with a better service, but to make a very small number of people bucket loads of money.

They put in minimal viable effort to provide a minimal viable service and make money hand over fist without consequence when their incompetence result in your cryptocurrencies that you entrusted them with being rug-pulled.

Once that crypto is “compromised” it is free for the attacker to use for any reason, outside the ToS defined by the exchanges. They are not held accountable, there is a proven record of no oversight nor any accountability.

Do you really wonder why people are putting their faith and confidence in actually regulated currencies as opposed to these joke shitcoins?

Look around you. The Web3 is going great[0]. Get out while you still can.

[0] https://web3isgoinggreat.com/

parent phoe-krk 3 years ago

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