Quote from: Mate2237 on April 25, 2023, 07:03:17 PM

Your financial freedom with Bitcoin is still guarantee because the exchanges do not or can not have access to your wallet.

This isn't true at all. Once you send your coins to a centralized exchange, they have full control over them and you have no freedom whatsoever. You have absolutely no guarantee you will get your coins back and you have no guarantee that the centralized exchange will allow you to use them or spend them in the way that you want.

Quote from: Obari on April 25, 2023, 08:06:00 PM

I think these exchanges have leveled up and wouldn't just vanish with users money

Have you not been paying attention to the news? FTX, BlockFi, Celsius, Voyager, 3AC, the list goes on. Literally dozens of exchanges in even just the last few months which have collapsed and taken all users' funds with them.

Quote from: Ale88 on April 25, 2023, 11:59:37 PM

so why did you make a post publicizing this "new scam going on with Trust Wallet" like it's something Trust Wallet related?

There was a vulnerability in Trust wallet in which it generated key pairs and addresses in a insecure manner, allowing funds to be stolen. It wasn't via social engineering.

Quote from: temple on Today at 06:52:36 AM

It is fascinating how you and some other Bitcointalk members relentlessly repeat the problems that come with the usage of CEXs. KYC, no KYC, privacy, no privacy, those aspects seem to be too superficial for some users to actually grasp the far-reaching consequences that the usage of CEXs can bring about later down the road.

People simply don't care until it affects them. We see small centralized exchanges collapse or scam all the time. But lots of people on here, Reddit, Twitter, etc., were sure that the likes of Celsius and Voyager were too big to fail and were perfectly safe, right before they lost everything. Then everyone was definitely sure that FTX was too big to fail, right before they lost everything. Now everyone is definitely sure (for real this time!) that Binance is too big to fail.

The same applies to your data. Everyone is happy to send all the documents needed to steal their identity off to literally any random internet stranger that can set up a website or copy the code for some shitcoin. Nobody cares until suddenly their identity is for sale on the dark net and they are now on the hook for $100,000 in debt someone else took out in their name.