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Agent_Angelo_Pappas t1_ixnhw2c wrote

Reply to comment by in-game_sext in Reuters: Global regulators to target crypto platforms after FTX crash by Globalist2

If they opted for a “centralized” exchange in the first place that suggests they’re not interested in those. A regulatory crackdown probably won’t be good for Bitcoin like you think

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in-game_sext t1_ixni3ek wrote

People use what they prefer until its no longer a choice. Then they use the next option available.

I didn't realize that was difficult for people to grasp.

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Agent_Angelo_Pappas t1_ixniq01 wrote

Virtually no one “prefers” being responsible for their own financial security. Most people aren’t IT security experts and are human and subject to make errors. It’s not rational to take on all that risk yourself

I suspect most people getting burned by these exchanges are just going to go back to banks, not an even worse version of those exchanges. i DiDnT rEaLiZe tHaT wAs DiFiCuLt FoR yOu To GrAsP

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