This whole crypto wave since early Bitcoin is so insane.
The entire idea was to have a truly decentralized monetary system outside the control of institutions. But it so happens that almost everyone deposit them in institutions, and when a problem/hack occurs, no one can help because well… it is outside the control of institutions.
The entire idea was to have a truly decentralized monetary system outside the control of institutions. But it so happens that almost everyone deposit them in institutions, and when a problem/hack occurs, no one can help because well… it is outside the control of institutions.
All the disadvantages without the advantages.