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And you're trusting some central authority to manage your money along with that of countless others. You're right back in the same situation you presumably want
by babypuncher 4y ago
And you're trusting some central authority to manage your money along with that of countless others. You're right back in the same situation you presumably wanted to avoid with fiat and banks, only with exponentially greater environmental impact and no regulations in place to protect your money when things go FUBAR.
- adastra22 4y agoThe L2 systems built on bitcoin have faults, but centralization is not one of them. You don’t go custodial when you put bitcoin into a lightning channel.
- aaaaaaaaata 4y agoand the L2 systems on ETH have even fewer faults.