this post was submitted on 02 Jun 2026
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[–] badgermurphy@lemmy.world 2 points 3 hours ago (1 children)

That's just centralization with extra steps. Crypto is easily manipulated by whales and frequently is. At least with governments, I know the names and faces of the people robbing me.

[–] hirihit640@sh.itjust.works 1 points 1 hour ago

manipulated by whales? are you talking about 51% attacks? censorship? Can you link some concrete examples of major crypto coins getting manipulated? I think there was a potential 51% attack on Monero but IIRC nothing actually happened.