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If an exchange isn't misappropriating customer funds, it doesn't matter if the bubble pops. They facilitate transactions and take a fee in return. As long as th
by terribleperson 4y ago
If an exchange isn't misappropriating customer funds, it doesn't matter if the bubble pops. They facilitate transactions and take a fee in return. As long as they have customers and don't blow money all over the place, they should be profitable.
- dehrmann 4y agoIf crypto stops appreciating, won't transaction volume collapse? I guess the question is how much crypto use is real (I'm sure there's a better word) and how much is speculative.
- nivertech 4y agoRisk management for traditional derivatives is hard, risk management for crypto derivatives is almost impossible. Even if "exchange" doesn't misappropriating customer funds, the customers themselves can easily become insolvent in a moment, and then it will cascade to every other market participant.