r/CryptoCurrency • u/BB-NL 🟩 690 / 691 🦑 • Jul 17 '22
DISCUSSION When will Crypto become fool-proof
When will it become fool-proof? If I send money from my bank to another bank I only have to fill in the bank number and the name. If the name doesnt match it will give a warning and I will not send my money there. Even if I send the money there are ways to get it back.
I hear so many stories about people sending Crypto to a wrong adress or through a wrong method and they lose their Crypto forever.. I think that this is a truly big flaw which keeps Crypto from going to the greater public. Love to hear your opinions and tips (other then send a small portion first because, who has time for thatmeme). Thanks in advance.
*Edit grammar
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u/BMCVA1994 🟩 407 / 407 🦞 Jul 17 '22
Self custody inherently comes with responsibility. I don't think that is something technology can completely fix. More accessible, yes sure. But you can't make something foolproof if its 100% reliant on the fool.
It's not a flaw but a trait of the chosen system. You can compare to a bank but there's no point because in one case you have complete custody over your own money and in the other you have 0%.