Subnostr

For over a year, I've been warning you about the dangers of centralized exchanges, while your favorite influencers are telling you to use CashApp and Strike just because they're Bitcoin-only, and then they bash Binance and Coinbase, claiming they're the bad guys. But I'm the one who's supposedly 'bark loud' and being the villain.

Let me tell you, exchanges are a problem regardless of whether they're Bitcoin-only or multi-coin. You'll have issues with them sooner or later, because they're regulated and are the easiest target for attacks on Bitcoin.

Keep applauding and thinking that you're creating the perfect tools for getting rug-pulled out of your own assets. Keep believing that people like me are the bad guys, and that your favorite influencers are the heroes with no conflicts of interest. Bravo, you'll learn the hard way.

Wake up, people! Centralized exchanges are a ticking time bomb, and you're just waiting for it to explode in your face.

shortwavesurfer2009 1y ago

Some people will not learn until it does explode in their face though, and then they will be wondering what the hell happened.

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Discussion

ede3d957... 1y ago

I mean it's not that Monero Bros have been really smarter. But we've been the first to get our chance to learn from our past mistakes.

I rember well how people were celebratjng the listing of Monero on Binance just like Bitcoiners were waiting for the listing of ETFs.

shortwavesurfer2009 1y ago

Well, I wasn't around when that happened, and at the end of the day, me and a bunch of others were celebrating the de-listing of Monero from Binance when it occurred in February.