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[AudraMiller]

When it comes to cryptocurrency it is able to offer us a lot of advantages and also I think that a lot of people are drawn to cryptocurrency because of the fact that it is a decentralized network. However when it comes to a decentralized network that is not being controlled by any single person there is also a lot of risk that is involved namely in terms of the coin volatility and also the security of these supposed coins that will exist on that network. Centralised exchanges are able to take precautionary measures in order to try and ensure the security of the users and their funds. However this risk is not guaranteed when it comes to a decentralized platform. Do you think that the recent news surrounding the hack that happened on the DeFi platform will actually cause people to move from a decentralized platform to a centralised platform? Also do you think it will change the impression that people have relating to the cryptocurrency and decentralized network on which it operates?

 

[Brain]

I don't think it will affect people investment rate in cryptocurrency or the network. but I think it will rather make people to take precautions more and try to reduce the risk of them

 

[a_jerobon]

I don't think this will prevent people from investing into the decentralised networks. It will rather make many people to take better security measures. That way, they can continue investing while taking good care of their assets.

 

[Brain]

I don't think this will prevent people from investing into the decentralised networks. It will rather make many people to take better security measures. That way, they can continue investing while taking good care of their assets.

Definitely, people hardly run away from investment opportunities especially one can change their fortune. it will better to apply more security or be security concious. So it not easy for people to leave.

 

[Wisdom01]

I think the recent hacks might make most people get an offline wallet to hold their cryptocurrency , because when it involves huge amount of money they are protecting it from getting hacked

 

[Brain]

people are looking out more for tight security. I agree storing I'm offline wallet might just do the magic. But people just staying off investing is one looks very impossible

 

[btaliat]

It won't in any way affect people except those that are not inclined to technology. There are many security measures put in place to forestall this hacking. Besides, the hacking is not peculiar to decentralized network.

 

[ashim kate]

If you should observe the way all the cryptocurrency hacks I've been reported then you will know that it is definitely a breach of security from the wallet owners themselves so I think it is all about the education.

 

[Balint098]

It's impossible to gauge. Hacks are everywhere, not even the likes of CIA and FBI can avoid it, so many people are already accustomed to it.