How can moral hazard impact the security of digital currencies?

1 answers

• Stougaard LykkegaardDec 13, 2023 · 2 years ago
  At BYDFi, we recognize the potential impact of moral hazard on the security of digital currencies. That's why we have implemented robust security measures to protect user funds and ensure the integrity of our platform. Our multi-layered security protocols, including cold storage for the majority of user funds and regular security audits, help mitigate the risks associated with moral hazard. We believe that prioritizing security is crucial for the long-term success and adoption of digital currencies.
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