If it can happen to Steem, it can happen to Hive

@wwf · 2020-05-20 16:12 · hive

When I first signed up to blog a number of years ago, I thought my encryption keys would protect my work, account and crypto. At least that is what I was told. I was very wrong and profoundly mislead. The keys may protect me from other users, but not against programmers and witnesses. There is a huge flaw in the system and it is human. These people have the power to freeze accounts, delete accounts outright and even seize assets without due process. The flaw is greed, lust for power and fraud. The trust I have in these types of blockchains is completely gone. Encryption keys mean nothing when people can pull that shit in a committee.

#hive #steemit #fraud #theft #greed
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