A HACKER DID IT

A hacker did it is becoming one of the worst excuses of all time, when a crypto dev team tells you they got hacked its the equivalent of a ten year old saying the dog ate my homework. Every single crypto project uses the same excuse after they lose or steal everyones money. I mean they don't even try to come up with a more creative or believable lie because they think people who don't know how to code are idiots.

Therefore they can blame Crypto theft on  the ubiquitous "hacker" who, through nefarious means, manages to pilfer one's digital assets. This notion, however, is not only a flimsy excuse, but a comedic one at that. They know coding is hard to understand, the language is for professionals and only experts know how to read code properly.

Think about it Vitalik Buterin could barely explain how solidity works and he invented it, Charles Hoskinson said Cardano's block chain paused because of a bug , and they don't understand what triggered it, which basically a complicated way of saying i have no clue. Look how long block chain projects take complete and most of them are still Beta's full of bugs, this is the perfect environment for thieves to steal from their own projects and blame it on a hacker. It's not like any of the unsuspecting victims can read the code to see if they are lying or not.

The excuse of "I didn't know" is not only intellectually disingenuous, but it also exhibits a lack of personal responsibility. Investing in cryptocurrency, like any financial endeavor, requires due diligence and a basic understanding of the technology and security measures. Ignorance is not an excuse for the loss of one's digital assets.

No More Excuses

Isn't it funny how they usually have perfect alibi's, and for some reason the hacker is always willing to have a chat with them to discuss how to pay everyone back. Why would a hacker pay anyone back, bank robbers never return to the scene of the crime and they certainly never go back to return the money. Several Bridges got hacked for hundreds of millions of dollars and you telling me none of the devs knew about these weak spots in the code. Nomad, Wormhole, Ronin, Even FTX after it went belly up still managed to let a hacker get in at the last minute when no one else could access their funds and steal the last bits of money its users had left.

No more i got hacked excuses for me, I'm assuming they are all lying and its all one big plot to exploit the untrained, i mean if your greedy you deserve to lose right. what idiot would put's his money that promises to pay back 8% a year or even the colossal 1% a day that some of these scams claim they can pay out.

Ripe For The Pick

A lot of these project are coded with the security of a cookie jar, you just twist the top off reach in and take everyones money out. The Devs code the projects in a way where the users money is just laying around. They make it complicated enough for no one to understand but easy enough for them to steal. They wait until everyones account get fat and ripe then they pick everyone off one by one. Im not complaining, I'm just stating the truth. I invested in a lot of projects and they all seem to have the same narrative, they all end the same.

Im not done with De-Fi im just gonna be more cautious and everyone else should be too, hopefully these next round of projects to launch are more secure and the developers are more sincere. Blockchain is not going anywhere so were going to have to ride this one out until the next bull market arrives, hopefully thats sooner than later. We got hacked is now becoming the worst excuse of all time, i pray they start coming up with better excuses or just come up with better security for their crypto.