TheNewGirl_ t1_ixo77oz wrote on November 24, 2022 at 11:40 PM

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

so its worse than normal money and normal banks

because I can put my money in a bank to utilize whatever services or purchuse any goods I desire and it is still my money even if I leave it there for years ...

[deleted] t1_ixphj14 wrote on November 25, 2022 at 7:17 AM

[removed]

[deleted] t1_ixpw1v3 wrote on November 25, 2022 at 10:53 AM

[removed]

freeman_joe t1_ixpsmi4 wrote on November 25, 2022 at 10:00 AM

Really? https://nomadcapitalist.com/finance/offshore/your-bank-account-is-no-longer-sacrosanct/

ElectronicOcelot3251 t1_ixpagq6 wrote on November 25, 2022 at 5:48 AM

Nope not even close. The whole point of crypto is self custody and you actually own your assets. A CEX is more like a bank. They don't actually have your money.