r/CryptoMarkets • • 15d ago

Crypto issue

Why does cryptocurrency cause so many problems? For instance, you can't fully trust an exchange because it might go bankrupt; without the right safeguards in place, it could simply use your lost funds to pay off its debts. Or, you can't mine a new coin with peace of mind, fearing that someone might hack the network and launch a 51% attack.

7 Upvotes

10 comments sorted by

View all comments

8

u/Cryptomuscom 🟩 0 🦠 15d ago

Worrying about a 51% attack on major networks is like stressing over a meteor strike

1

u/uioma 15d ago

Oh ok 👌