Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Topic OP
People are giving too much importance to exchanges
by
countryfree
on 05/06/2023, 18:47:44 UTC
⭐ Merited by LFC_Bitcoin (1)
6 months ago, my savings went down because of the FTX debacle. I've never used FTX, I've never been a customer of this company, but my savings are in BTC, and because of that failure, BTC's value went down, and so went my savings.

Today, bis repetita. I've never used Binance. I've never been a customer of this company, but because the SEC sues Binance, BTC is down, and so are my savings, so I have a message to all bitcoiners out there.

Exchanges and BTC are 2 different things. One exchange going down doesn't mean BTC must follow.
Binance will disappear? I don't give a damn.