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Will crypto every reach a point where there isn't a whole heap of scams and hacks trying to steal your money at any given moment?

All Cryptocurrencies

by COINS NEWS 147 Views

I think we can all agree that there are a lot of people out there trying to steal your cryptocurrency in various ways. While certain threats can be easily avoided (such as elementary social engineering scams), many others provide much greater challenges. I just read an article saying that crypto phishing scams have trebled 6.6% over the last year.

When will crypto be safe enough such that it isn't constantly hacked, fraudulently traded, and scammed?

One apparent disadvantage of crypto over cash is that once your coin is taken, it is gone forever (unless you can convince ETH to rollback like they did before for those rich people.)


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