Submitted by Globalist2 t3_z3o82z in news
in-game_sext t1_ixni3ek wrote
Reply to comment by Agent_Angelo_Pappas in Reuters: Global regulators to target crypto platforms after FTX crash by Globalist2
People use what they prefer until its no longer a choice. Then they use the next option available.
I didn't realize that was difficult for people to grasp.
Agent_Angelo_Pappas t1_ixniq01 wrote
Virtually no one “prefers” being responsible for their own financial security. Most people aren’t IT security experts and are human and subject to make errors. It’s not rational to take on all that risk yourself
I suspect most people getting burned by these exchanges are just going to go back to banks, not an even worse version of those exchanges. i DiDnT rEaLiZe tHaT wAs DiFiCuLt FoR yOu To GrAsP
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