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Author Topic: Why should investors care?  (Read 1307 times)

Online Bobcrypto

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Why should investors care?
« on: November 01, 2024, 10:14:36 AM »
As the world shifts towards decentralization, the platforms that prioritize security and privacy will gain massive value with advanced protection for every transactions. obviously,
these platforms offers Peace of mind to investors seeking safe and secure digital finances.

Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.

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Why should investors care?
« on: November 01, 2024, 10:14:36 AM »

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Re: Why should investors care?
« Reply #1 on: November 01, 2024, 11:12:39 AM »
As the world shifts towards decentralization, the platforms that prioritize security and privacy will gain massive value with advanced protection for every transactions. obviously,
these platforms offers Peace of mind to investors seeking safe and secure digital finances.

Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.

You should know nothing is impenetrable, but nevertheless I believe some platforms have a lesser chance of security breach than some due to some sophisticated partnerships and how their ecosystem is built. But putting your trust in them 100% could be a mistake..

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Re: Why should investors care?
« Reply #1 on: November 01, 2024, 11:12:39 AM »

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Re: Why should investors care?
« Reply #2 on: November 01, 2024, 12:31:55 PM »
As the world shifts towards decentralization, the platforms that prioritize security and privacy will gain massive value with advanced protection for every transactions. obviously,
these platforms offers Peace of mind to investors seeking safe and secure digital finances.

Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.

Ethereum is a really cool and lively cryptocurrency, and thanks to Vitalik Buterin for creating it. And it's cool that he is a public figure who does not hide, it is clear that he loves his project and is open to interaction with the public.
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Re: Why should investors care?
« Reply #3 on: November 01, 2024, 01:32:57 PM »
As the world shifts towards decentralization

I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.
Consider bitcoin blockchain and those like litecoin if you are thinking of security and decentralized. I do not believe in those PoS but they are secure but not as secure as bitcoin PoW.

Most blockchains of today are also centralized with influence just like the ethereum blockchain.

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Re: Why should investors care?
« Reply #4 on: November 01, 2024, 02:58:00 PM »
As the world shifts towards decentralization

I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.
Consider bitcoin blockchain and those like litecoin if you are thinking of security and decentralized. I do not believe in those PoS but they are secure but not as secure as bitcoin PoW.

Most blockchains of today are also centralized with influence just like the ethereum blockchain.

Yes, you have actually giving a great concern to the POW, and the POS blockchain networks are also doing very well, though POW could be slightly stronger. This is because POW blockchain actually requires high computational algorithms to prove an edge over POS in term of security concerns.

Your thoughts on Centralization of certain blockchain networks like etheruem is very new to me, i know that Vitalik Buterin is the founder of the Etheruem platform but I have no thought that he or anyone has control over it. I stand to be corrected.

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Re: Why should investors care?
« Reply #5 on: November 01, 2024, 04:54:50 PM »
As the world shifts towards decentralization, the platforms that prioritize security and privacy will gain massive value with advanced protection for every transactions. obviously,
these platforms offers Peace of mind to investors seeking safe and secure digital finances.
Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.
You have a point however I think it depends on the majority you are looking at here. From my point of view it seems like people these days are actually less concerned about the privacy of their funds. This is because it seems that majority of people prefer to do KYC verifications and make use of centralised exchanges rather than make use of decentralised exchanges. This is also coupled with the fact that decentralised initiatives don't get much support like they should.

As for Ethereum, it is actually a centralised network and for that reason I won't agree to the idea that it is a  decentralised network supporter per say. The biggest decentralised network in the crypto space is actually that of bitcoin.
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Re: Why should investors care?
« Reply #6 on: November 01, 2024, 05:07:21 PM »
Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds.

Guarantee the safety of investor funds?
By bringing up safety you guarantee the value too as there is no such thing as safe funds that can turn to dust the next day, so which blockchain can guarantee that? If it comes to the blockchain being immutable then it's no novelty, we had that since Bitcoin was first born, the rest is just vaporware.

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Re: Why should investors care?
« Reply #6 on: November 01, 2024, 05:07:21 PM »


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Re: Why should investors care?
« Reply #7 on: November 01, 2024, 05:20:32 PM »

FTX was a big exchange guaranteeing it's users safe funds but it didn't last. If only looks like a small exchange that turned scam in the end.Its still not a safe platform but same with Binance, although it had been around for so long we may never know when it will become a scam.

But mind you the world is not becoming decentralised. It's turning centralised bit by bit and regulations from government progress.

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Re: Why should investors care?
« Reply #8 on: November 01, 2024, 06:43:48 PM »
As the world shifts towards decentralization, the platforms that prioritize security and privacy will gain massive value with advanced protection for every transactions. obviously,
these platforms offers Peace of mind to investors seeking safe and secure digital finances.
Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.
You have a point however I think it depends on the majority you are looking at here. From my point of view it seems like people these days are actually less concerned about the privacy of their funds. This is because it seems that majority of people prefer to do KYC verifications and make use of centralised exchanges rather than make use of decentralised exchanges. This is also coupled with the fact that decentralised initiatives don't get much support like they should.

As for Ethereum, it is actually a centralised network and for that reason I won't agree to the idea that it is a  decentralised network supporter per say. The biggest decentralised network in the crypto space is actually that of bitcoin.
I agree with you the biggest decentralized jarngan is Bitcoin, that is what makes Bitcoin the most poppular and much in demand by investors and is always king.
I also prefer to do KYC on Exchnage, but we have to choose a good exchange that is good reputable like binance and cuoin. Because our personal data is very dangerous if misused.
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Re: Why should investors care?
« Reply #9 on: November 01, 2024, 06:54:02 PM »

Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds. Do you think all these platforms are leaving up these criteria of security, advanced protections etc. I have considered Etheruem as great a platform but not 100% certainty. Your thoughts.
If they claim it they have to prove it, or they will lose their reputation the existence of these blockchains depend so much on the security, take Bitcoin for instance, there's no double spent and there's no hack on the blockchain so they continue to exist and enjoy the support of many industried and it will continue to be so as long as its secured.
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Offline Findingnemo

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Re: Why should investors care?
« Reply #10 on: November 01, 2024, 07:20:56 PM »
Decentralized platforms are non-profitable or don't generate revenue as centralized platforms so they lack development which means their security is not that good on the reality which is why many DEXes lost the user's fund due to the attacks. But decentralization allows us to keep the funds safe which is nothing but be your own bank so we can trust the funds are 100% secured when it's with us and that is the thing that investors should take from decentralization.
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Offline electronicash

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Re: Why should investors care?
« Reply #11 on: November 01, 2024, 09:01:40 PM »

of course investors should care. if its about funds not getting lost from your wallet, any investors should care about the project they invest into whether it will be safe or can be hacked or can you even trust the team developer.

there are reputable platforms especially the top projects we consider to be safer. that's is just how we could look at it since nothing is proven yet until its proven. but the longer they have existed in crypto, i guess trust is build.

Offline Zed0X

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Re: Why should investors care?
« Reply #12 on: November 01, 2024, 10:19:05 PM »
As the world shifts towards decentralization, the platforms that prioritize security and privacy will gain massive value with advanced protection for every transactions. obviously,
these platforms offers Peace of mind to investors seeking safe and secure digital finances.
I saw a video clip of Jamie Dimon saying that Governments will destroy bitcoin. I don't think that will happen because it's already a cash cow (taxes) but I can also see why he said that. "Destroy" probably doesn't mean total ban but strict regulations. In reality, this 'decentralization' might just become a buzzword.

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Re: Why should investors care?
« Reply #13 on: November 01, 2024, 10:24:34 PM »
Now, there are actually several blockchain platforms on the crypto space that has claimed to guarantee the security and safety of investors funds.

Guarantee the safety of investor funds?
By bringing up safety you guarantee the value too as there is no such thing as safe funds that can turn to dust the next day, so which blockchain can guarantee that? If it comes to the blockchain being immutable then it's no novelty, we had that since Bitcoin was first born, the rest is just vaporware.

It's true that today $1000 tomorrow it won't necessarily be the same, it could go up or down, and I think this cannot be demanded for security because we already understand the risks of investing in crypto, not just BTC, I think all crypto will be the same if we say the price

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Re: Why should investors care?
« Reply #14 on: November 01, 2024, 10:45:55 PM »
No coin can guarantee the safety of your funds, crypto is still very volatile and the safety of your coins depends on the device you store it and your opsec. Crypto is volatile and risky and if you are looking to reduce your risk, then i don't think crypto is the right thing for you to buy.

The BTC network in itself is secure, but you have to protect your personal funds yourself.

 

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