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Losing money because of scammers and not being able to get it back is painful but a major part of decentralization

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by COINS NEWS 169 Views

If you’ve ever lost your money to a scammer, or something like that, you’ve probably tried to get it back. It is your money after all.

If it happened on an exchange you have little chance, if someone took the seed phrase of your wallet and stole your coins then the only thing you can do is watch your cryptocurrencies travel from one wallet to another until recently.

You are responsible for your own actions, you are the bank yourself, you bear the loss yourself.

Although it is an ugly feeling when someone takes your hard-earned money from you, we must understand that it is a big and important part of decentralization. This is that adoption we talked about, it is your responsibility to take care of your money.

submitted by /u/UnexperiencedIT
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