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Seems like exchanges should be fine as long as their books balance. Even in a “run” you would just have delays waiting for cash outs to process, they would go t
by fbdjskajxb 9y ago
Seems like exchanges should be fine as long as their books balance. Even in a “run” you would just have delays waiting for cash outs to process, they would go through eventually.
- stefano 9y ago> as long as their books balance This is a really strong assumption that I wouldn't bet on.
- saalweachter 9y agoThere is a certain irony to companies built to profit off a distributed public ledger having accounting problems.
- rhino369 9y agoI'd also be worried that any exchange that used tether, would realize their jig is up, and just run away with all the coin.