4 ms·
Because their loved ones, or peers or Facebook advertisement told them it's safe and a good way to stick it to the man. Usually just depositing money in a bank
by arlcode 4y ago
Because their loved ones, or peers or Facebook advertisement told them it's safe and a good way to stick it to the man.
Usually just depositing money in a bank doesn't get it stolen so the assumption isn't unreasonable.
Even if it's only 0.25*life saving that's still devastating for most people.
- rmbyrro 4y agoNormies should not put 25% even on VC-backed startups, let alone anonymous crypto shenanigans
- scottiebarnes 4y agoI'm confused about why anyone is comparing the security of a defi token swapping platform to that of a fiat savings account. If you want an apple to apples comparison you should be comparing the security of a savings account to that of a cold wallet. Those are much more alike in their function. I don't think we classify people who engage in cross network token swapping as "normies". That's like classifying algorithmic day traders as an "average joe investor".
- yibg 4y agoHow many "normies" know what a cold wallet is?
- scottiebarnes 4y agoHow many "normies" know what an IP address is?