dev of what? anyway we need p2p exchange, so exchangers cannot run away with the excuse "our cold wallet was hacked yesterday"
this is the only concern at the moment
That is true, and its a valid concern, however i think, in view of altcoins, the biggest threat is the devs running away.
There are 1000x more scam altcoins than scam exchanges, and more money is lost to scam altcoins than scam exchanges.
Pretty much the already established exchanges are staying, and can be moderately trusted.
It's the same as if your average broker runs with the money, yes they were regulated, but so what, funds are only covered up to 20.000€, the rest of it is fucked.
Its definitely about decentralization
yeah altcoin dev are quite malicious, but if there is a good trusted escrow and the code is well examined, you can be sure that the coin is legit
there were many scam dev in the past with hidden premine, mostly from china, this was another reason why many prefer to invest with already good established coins, like bitcoin, litecoin, monero, and not with new coins that hold a major risk
anyway i'm not risking large amount ever, i prefer to trade small amount to rise my bitcoin stash or to keep it not falling too much, in the case i need to use it for shopping or whatever, the rest will be done by bitcoin itself, when will rise to unbelievable level
