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I wouldn't be surprised if "reimbursing" is just updating a number on their database and hoping customers won't immediately withdraw.
by john2x 5y ago
I wouldn't be surprised if "reimbursing" is just updating a number on their database and hoping customers won't immediately withdraw.
- kayamon 5y agoBear in mind many private exchanges aren't ever really exchanging crypto until you cash out -- the numbers you see can be just trades on an internal stockmarket, not necessarily backed by any external crypto asset until realized.
- imtringued 5y agoI honestly don't want to know how the sausage is made. The gold standard has always been a lie. Cryptocurrencies traded on exchanges are basically paper gold at this point.