Replying to Avatar HODL

Where did the missing binance #bitcoin go? Remember that the first sign of FTX collapse was the FTT house token for their exchange collapsing.

Go compare the charts for BNB, Binances house token, and CRO, crypto dot com's house token. Holding CRO came with a list of benefits a mile long through their credit card program. BNB only offers cheaper trades on binance. CRO dropped like every other crypto, BNB didn't. BNB is obviously price fixed.

How can they afford to price fix such a big crypto on trading fees? They can't, they steal bitcoin from everyone who holds on binance to get the funds to do it.

TLDR, Binance steals your bitcoin to prop up the price of their shitcoin. Get your bitcoin off exchanges.

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And this is EXACTLY why I want to be as selfhosted as possible. Yeah, its like 100x more tedious *for sure*, but I dont have to deal with this kinda crap.

I'd rather go the hard way and know what, where, why, when rather than just going to the next centralized thing and drop my stuff there and pray that this centralized entity doesnt do me harm.

Like, come on. I get that exchanges have their point. But how much more proof do people need that centralization is, in most cases, prune to go bad eventually?

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