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by hiq
1318 days ago
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You just get a different set of tradeoff on a decentralized exchange. E.g. many users don't have the basic opsec required to protect their private key without losing it. For a cryptocurrency owner taken at random, I think it's likelier that they make a mistake with their private key than they lose tokens held in a Coinbase (or another CEX among the less dodgy, regulated, etc.) account. |
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Exactly. I've long wondered if there's any way to overcome this without essentially going back to a 'trusted broker/custodian' model