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No it doesn't. There are numerous tales of exchanges closing up and keeping/losing their client's money.
by cmeacham98 4y ago
No it doesn't. There are numerous tales of exchanges closing up and keeping/losing their client's money.
- redox99 4y agoNot your keys, not your coins.
- tinus_hn 4y agoWith Bitcoin there is no need to keep your money at an exchange.
- malikNF 4y agoIs it bitcoin's fault when people trust others to manage their own btc? "Not your keys not your bitcoin" is a manthra that gets repeated by the BTC community every single day. If you can't manage your own coins then btc is not for you, use fiat, trust the bankers[1][2] to hold your money. [1]https://finance.yahoo.com/news/bank-america-customers-report-disappeared-020400054.html https://finance.yahoo.com/news/bank-america-customers-report... (January 18, 2023)
- iLoveOncall 4y agoIt is the US dollar's fault when people trust Paypal to manage their own US dollar? See how a ridiculous argument it is?
- malikNF 4y agoYes. Paypal exists because fiat currencies can't be moved without an intermediary or in paper form. So yes! IT IS the fault of fiat currencies.