Ya, but after some instruction from, and advice, from one of these dastardly crypto pushers, I was reminded to get my crypto off the exchanges,,, Actually there was several of them. On these threads. You know who you are, and thanks, and I was being a crypto dumb azz until I got the wake up call.
So I might have company but unlike Tom and Gisele, I also have a cold wallet, and maybe buying another.
All the exchanges can go Bank Fried, I dont care much, my exposure will be a few hundred bucks... and yeah I will sue, along with the Tom's and the Gisele's, Not just for lost cash and crypto, but also for the expected returns on the speculations. Sure there will be mega volatility until new exchanges start up, but then it will be to the moon and way beyond. So my funds stolen by any fraud will probably be worth in the lower $$zillions$$ at least, and the legal team won't be cheap either. I am a reasonable guy though,,, always willing to hear the other side and perhaps negotiate. -g-
These exchanges though, they should not be going belly up. Just make sure there is agreed rules for all of them, and they just mint money from the day traders etc. It just like being in the bookies but with tokens instead of dogs and horses. A much simpler business with low overhead and maintenance. How many broke bookies do you know? Only the fuken stoopid greedy ones that take a bet too big and who don't know how to lay off a bet.
I doubt it will be long before everyone has at least one cold wallet. |