5 ms·
Crypto investors should not hold their funds in custodial wallets(i.e centralised exchanges). Sam did a great service to the crypto world. As far as I'm conce
by themihai 4y ago
Crypto investors should not hold their funds in custodial wallets(i.e centralised exchanges).
Sam did a great service to the crypto world.
As far as I'm concerned they've got what they deserved. Hopefully Binance'll show them the empty bag as well and finnally the myth of centralised crypto is busted.
- itake 4y agoEveryone that didn’t hold their Terra or UST in an exchange couldn’t exit fast enough
- fmajid 4y agoIt doesn't matter whether you keep the IOU from a crook in your own wallet or at your bank, it's still intrinsically worthless. What I don't understand is what kind of sucker would still be willing to take them off your hands.
- user_named 4y agoAll crypto is centralized and always will be.
- mmcwilliams 4y agoIt's unfortunate that this is a lesson that is re-taught pretty regularly. I vividly remember this coming up when the Mt. Gox hack happened in 2014. Since many people are using crypto to speculate and day trade, exchanges will be the most convenient place for most people to keep their coins unless something changes this in a major way.