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Replying to Avatar Bitcoin or Slavery

Yes, and then they circle it back to Bitcoin

Every single hacker hops multiple chains and consolidates everything to Bitcoin

Most just leave it sitting there for years. Those looking to cash out, go to monero before Bitcoin. If it's a very significant amount, shitcoins don't have liquidity to cash out. Stablecoins do but can be frozen, like tether did couple of weeks ago.

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Bitcoin or Slavery 2y ago

Alt chains are compromised pretty much daily. North Korea loves how unsecure turing complete "defi" chains are. Due to this, they've even stopped targeting centralised exchanges.

“Finding security flaws in brittle DeFi “smart contracts” seems like shooting fish in a barrel.”

https://securityboulevard.com/2022/10/3-billion-defi-hacks-richixbw/

https://decrypt.co/86503/defi-users-lost-billion-theft-fraud-2021-mostly-ethereum-report

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