except this wasn't a targeted attack, it was just a run of the mill shotgun approach to capture wallets. cryptocurrency is stupid. regulation around banks is

except this wasn't a targeted attack, it was just a run of the mill shotgun approach to capture wallets. cryptocurrency is stupid. regulation around banks is there for many very good reasons. https://twitter.com/peterktodd/status/1609655629903265795 https://twitter.com/peterktodd/status/1609655629903265795 you won’t trust highly regulated banks, but you will trust random strangers on the internet whom you know want your wallet and all the coins in it, without any guarantees whatsoever that any security is in place. you only need to trust yourself, which is already 8-10 orders of magnitude less trustworthy than a bank, AT BEST. even in the rare event that an established bank does go under, and it holds some of your money when it does, FDIC insurance will get you at least some of that money back. cryptocurrency has zero recourse if you are harmed. i laugh when cryptobros and NFTbros lose money, because anyone with any critical thinking skills whatsoever saw these things as shams at the outset, and we tried to speak up, but none of those who have lost money even considered listening at the time. it is hilarious to me when these things happen. i actually, literally, laugh out loud, without a single hint of remorse.