That's true, but in the event that you forget your online banking password, you can prove your identity and re-gain access to your account.
In the case of crypto, if you lose your passphrase, there's no way to recover your funds...
That's true, but in the event that you forget your online banking password, you can prove your identity and re-gain access to your account.
In the case of crypto, if you lose your passphrase, there's no way to recover your funds...
That's actually a very good point. Cloud storage systems are going to take advantage of this in the future... the horror.