Is Blockchain As Secure As We Think? Why Blockchain Is Weaker Than You Might Expect

$ 12 billion digital cryptocurrency robberies dispel security myth

The movements of cryptocurrencies, which look like the horror train of luna parks, may surprise and alienate those who are not concerned with the ecosystem of digital currencies. But they seem to be perfectly compatible with the psychology, manners and customs of the relevant investment community.

The sharp fluctuations and extreme changes in the conversion prices of over 8,000 cryptocurrencies, are a daily practice, which does not bother the insiders of cryptos.

These fluctuations are perhaps the main obstacle to the adoption of cryptos, from the wider economic activity as reliable digital currencies on which a system of trading and clearing payments can be built.

To support a decentralized trading system, outside and beyond the traditional banking system. However, this is not something that concerns crypto lovers, who are only interested in the goodwill and the continuation of the rise of their "exchange rates", against the dollar.