Originally posted by psychocandy
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It's likely that exchanges will start to offer the same kind of insurance as financial institutes, if the hodler hasn't been negligent with passwords, paid for by the fees they charge. i.e. The protection you get from more traditional money storage and transactions is paid for one way or another.
The risk will persist where as a crypto wallet owner you have no one to offer such protection, making storing on exchanges or crypto banks more attractive to Jo Public, and offering the institutions the same way of making money out of other people's.
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