Quote from: South Park on November 13, 2022, 09:33:12 PM

And you know what? It is likely they are going to succeed and even more regulation will come to the exchanges

Fine. Let them be regulated. Let regulators shut down as many as possible and let the ones which still exist stop printing fake tokens out of thin air and running fractional reserve scams. Centralized exchanges have leeched off of bitcoin for long enough. I don't care if every single one of them ends up being regulated in to oblivion at this point. I've never used one anyway.

The worse centralized exchanges become, the more users who will start to use bitcoin as it was intended - peer to peer, without trusting any third parties.

Quote from: EarnOnVictor on Today at 05:32:29 AM

Can you verify everything yourself?

No, but I'll tell you what I can verify - the bitcoin in my own wallets. Impossible to verify anything with a centralized exchange. If people had bothered to verify that they actually own bitcoin and not a worthless IOU from a centralized exchange, then they wouldn't be worried about verifying the source of information about exchanges being hacked.