Questions tagged [financial safety net]

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Sara Sara Sat Sep 07 2024 | 7 answers 1557

Do cryptocurrencies have a financial safety net?

Isn't it concerning that cryptocurrencies lack the same financial safety nets as traditional banking systems? With the lack of a central authority or deposit insurance, how can investors be assured of their funds' safety in the event of a market crash or hack? Aren't these factors significant deterrents for the wider adoption of cryptocurrencies?

Do cryptocurrencies have a financial safety net?

| Topics at Cryptocurrency Q&A

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