8 ms·
Isn't this just the main trade-off between centralized banks and decentralized crypto? Like, if a bank is able to reset my password, how safe is it really ?
by fluffything 6y ago
Isn't this just the main trade-off between centralized banks and decentralized crypto?
Like, if a bank is able to reset my password, how safe is it really ?
- ashtonkem 6y agoThe bank is regulated externally, they do not have arbitrary control over how they treat you. In fact, if you get hacked the bank will make you whole at their expense, which is quite a bit different from what happens in crypto.