4 ms·
"Western finance" is heavily regulated (well, consumer banking anyway) and for the most part is pretty secure. Crypto is completely unregulated and chalk full o
by JasserInicide 4y ago
"Western finance" is heavily regulated (well, consumer banking anyway) and for the most part is pretty secure. Crypto is completely unregulated and chalk full of bad actors distracting you with grandiose promises while fleecing you behind your back. Every other month there's a report of some massive theft/data breach at an exchange.
- int_19h 4y agoConversely, part of those regulations involves excluding whole countries from the system, most of them for purely political reasons.