hacker attack a few months ago is not a failure in my opinion,
an exchange is said to fail if it has been attacked by hackers but after that the exchange closes and cannot refund user funds,
but binance is responsible and returns the stolen funds,
and here the real success, because the binance trade is more concerned with user responsibility and comfort.
One day he will get hacked for a amount that he cannot cover, then what will he do?You can`t print the btc out of thin air like the fiat.
https://en.bitcoin.it/wiki/File:Jonny1000thetimes.png 2.0 = binance future.
Funds are not #safu, this proves it.
https://thenextweb.com/hardfork/2019/07/08/binance-hack-8-million-bitcoin-cryptocurrency-stolen-transfer/It even says it in the whitepaper, the 2nd sentence and first sentence of the bitcoin whitepaper that your funds are not safe, if you do not trade p2p.
"the main benefits are lost if a trusted third party is still required"
fucking moron thought he could roll back the blockchain to get the funds back, you trust this dipshit?
cz binance "turns out reorg is not a option, the blockchain is more resilient than we thought"
spoiler: They are fractional reserve banking with the btc, that is why they had to create their bullshit BNB coins now. I look forward to the day of mtgox2.0 it is coming.
