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RE: Billions of Dollars and One Question: How Safe Is Our Money?
Hey friend, I sometimes read news about AI, and it has truly advanced by leaps and bounds. However, there will always be people who use it for malicious purposes—as we’re already seeing today, it’s being used for scams and other harmful activities. Unfortunately, that’s a difficult thing to manage :/ .
On another note, I often hear people say that no exchange is truly secure and that it’s a bad idea to keep your money there, since it doesn’t fully belong to you. They could block your account, or a technical glitch might occur, leaving you unable to access your funds—or, in the worst-case scenario, you could lose your money due to a hack. The common recommendation is to use cold wallets and only use exchanges when you actually need to make a trade.
Cheers, bro!
If artificial intelligence is advancing at such a rapid pace, and even the largest cryptocurrency exchanges can't effectively protect themselves, then what chance do we have? Ordinary people like us?
It's also difficult to keep your crypto in a private wallet when you're actively trading on exchanges and need constant access to those funds.