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> decentralized monetary system Binance. Mt Gox. QuadrigaCX. Crytopia. Poly Network. Yeah, decentralised. Also, censorship resistant? Tell that to people hav
by EdwardDiego 5y ago
> decentralized monetary system
Binance. Mt Gox. QuadrigaCX. Crytopia. Poly Network.
Yeah, decentralised.
Also, censorship resistant? Tell that to people having their accounts on the "decentralised" money system being banned for using crypto that's gone through a mixer.
The public blockchain makes censoring a given user even easier, because your transaction log is public knowledge.
- paulmd 5y ago> Mt Gox I always loved this one. Magic The Gathering Online: Exchange. No, that's not a joke, the owner took a pre-existing website for trading Magic cards and turned it into a crypto exchange. And no, that's not a typo, it's not "Magic The Gathering: Online Exchange", they weren't even trading the real cards, they were virtual cards for the game Magic The Gathering: Online.
- randomhodler84 5y agoIt never actually sold cards. That was the original plan, but Satoshi’s invention changed the scope a little. They also got robbed before they opened to the public, were insolvent for all their life, found a sucker to take the blame (who did serve time), then founded another shitcoin, fell out with the others, founded another shitcoin.
- paulmd 5y agonever stop the hustle!