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So every business associated with crypto is untrustworthy? It’s hilarious that the anti bitcoiners are so anti bitcoin that it prevents them from using any of t

• highwaylights 4y ago
  > So every business associated with crypto is untrustworthy? Yes. If it's provenance is unverifiable (it is), and there's no evidence that the money being pumped into it exists (there isn't), then anything even adjacent to it is implicitly exposed to counter-party risk and therefore untrustworthy. This is without even considering the fact that there's substantial evidence to suggest that most of the money being pumped in does not exist (cough tether cough). Exchanges make money while the plates are spinning, and they make significantly less in bear markets, none of which guarantees your exit. If a bank fails it's dissolved and guaranteed deposits get first preference when administrators sift through the wreckage. If a crypto exchange even looks like it might fai.. oops boating accident. What's hilarious to me is that Saylor still gets asked on live television if he's worried about a margin call. He laughs it off and says something like "oh no, we're not close to that and very liquid" which really means "lol no I'll just say oopsie doopsie some intern lost the key". The people that lent to him are beyond belief stupid. How are you all still drinking the koolaid?