my newbie ass not knowing what any of these are nostr:note1y87msc5hlesd89x2vles7t706z3yfs5ulnhuw5w2z6k7s2p50usqgkflj0
Discussion
Must be so nice!
People are making withdrawals from these exchanges / custodians. You just keep stacking sats. You don't need to worry about this.
no worries at all
Binance and Coinbase are two of the largest cryptocurrency "exchanges" (shitcoin casinos).
Prime Trust is a cryptocurrency custodian which (allegedly) holds ₿ and other funds on behalf of various institutions (exchanges, etc) for the customers of the exchanges, etc. They hold IOUs for the places that hold IOUs for retail customers.
Because they all seem to be "investing" (or speculating with) customer funds (and, legitimately, due to the inherent difficulties of holding large amounts of cash on demand) — these are all subject to similar concerns as banks with regards to the risks of "bank runs" (where more customers demand withdrawal than they have as liquidity reserves).
Basically, more fractional reserve and hypothetication bullshit.
Its gonna be so cool watching you go through a full cycle.
I wrote this for a newbie today: https://stacker.news/items/189968
How do we replicate your immunity to getting scammed Roya?
I love how you've dodged every bullet in this space lolol
99% of us were shit coiners in the past . Your blessed to have avoided all the noise and just turned straight onto the signal 