Decentralization Could Cure Crypto’s Current Ills
— Custodial, Investors, Wallets, Crypto, Decentralization, Funds, Voyager, Current, Defi, Ills — 1 min read
Current custodial solutions leave users vulnerable when funds face financial trouble. The result will be a return to the very reason crypto exists: truly independent finance. With a DeFi wallet, users — not third parties — maintain control of their funds. Future crypto investors should eliminate these centralized, custodial companies. DeFi is the way we can re-instill trust in the technology and welcome in the next bullish crypto spring, says Blockworks’ Blockworks CEO Mark O’Mara Halkalkalka. He says it’s critical the entire crypto community remember why the community exists in the first place: We hated expensive, greedy intermediaries who took investors’ funds but left them holding the bag when things went awry. Source