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Cryptocurrency discussions / Re: What do you think of crypto messaging apps?
« on: May 13, 2024, 06:49:16 PM »-snip-Beginners probably won't understand the concept, they just use it and transfer their assets to it and think it's a secure wallet because it's in their own account.
but I'm afraid that a lot of users don't understand the concept of custodial vs. non-custodial wallets, and that by using such apps they can live in the delusion that their funds are safe.
My opinion is that such things should not be mixed, but it is up to everyone to choose what to use and in what way.
Even though looking at the reality that is happening today, many account hacks are happening and of course wallets that have been integrated with the account will also be accessible.
How dangerous this would be if without having good security and not realizing that what they deposited would be vulnerable to being hacked by others and losing it all.
Everyone does have a free choice to use any application or wallet that is integrated with chat applications etc.
But people who really care about the security of their assets will certainly think where is the best place to store assets and have complete control.