Cryptohacks continue! Just waiting until the. If one hits and everyone loses their sh*t and their shirts. Could it happen?
After the cryptocurrency community crowed with delight after last week's Visa troubles, let's just admit the increase in 51% attacks and straight forward hacks like this don't really build confidence.
I had lunch with a friend this morning who invests in the crypto exchange and I still cannot wrap my head around this abstract concept. It seems more variable and unstable than any stock market or gambling even. I wonder if this type of currency will end or continue to rise the roller coaster. It’s amazing that people are willing to take the risk, but then again the same friend who lost thousands and thousands before 9 am this morning also almost made a million in February so I can see where the addiction may begin and grow
Crash and grab, the act of ramming a vehicle into an ATM machine and stealing the money costs $625 000/day worldwide...but no one seems to care about that.
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