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That sounds like more of a risk with Bitcoin IOUs that are held on central exchanges, rather than with Bitcoin itself. "not your keys, not your coins"
by thinkmassive 6y ago
That sounds like more of a risk with Bitcoin IOUs that are held on central exchanges, rather than with Bitcoin itself.
"not your keys, not your coins"
- rebelos 6y agoI think a lot of people very fond of crypto for its more anarchist features overestimate the mainstream's willingness to break from "the system". If regulations come down on exchanges or the crypto space more broadly, it will send prices into a catastrophic downward spiral. This is likely to happen earliest in vulnerable developing nations like Venezuela.