I resisted the urge to insult you for your lack of knowledge on the subject, as illustrated by your complete misunderstanding of the difference between the exchange and the coins.
Anyone buying bitcoin via an exchange was always a retard, so I'm happy you can at least understand that small part of it.
I'll repeat what I said a little slower for you and maybe you'll understand it this time. An exchange going bankrupt or simply stealing your money is not the same thing as holding actual bitcoin in your own wallet, which cannot be affected by such a thing. Yes, the value can go down - but the value has increased thousands of times since its inception, and anyone mining the actual bitcoin couldn't ever lose money beyond the energy input.
Again - the exchanges are equivalent to banks, the bitcoin is equivalent to currency (not a great equivalency since it has strict limits on supply and inflation, but for the sake of argument). Saying people lost money because the exchanges stole it just tells everyone you're a boomer who bought coins with cash, and then didn't even have the brainpower to move it out of the exchange's wallet into your own. So yes, I agree that's absolutely retarded and anyone who did or plans to do that is a retard. Sorry for your losses. I would also agree with you on one more point: don't do it again! Lol.
Whatthefuck 0 points 2 months ago
I resisted the urge to insult you for your lack of knowledge on the subject, as illustrated by your complete misunderstanding of the difference between the exchange and the coins.
Anyone buying bitcoin via an exchange was always a retard, so I'm happy you can at least understand that small part of it.
I'll repeat what I said a little slower for you and maybe you'll understand it this time. An exchange going bankrupt or simply stealing your money is not the same thing as holding actual bitcoin in your own wallet, which cannot be affected by such a thing. Yes, the value can go down - but the value has increased thousands of times since its inception, and anyone mining the actual bitcoin couldn't ever lose money beyond the energy input.
Again - the exchanges are equivalent to banks, the bitcoin is equivalent to currency (not a great equivalency since it has strict limits on supply and inflation, but for the sake of argument). Saying people lost money because the exchanges stole it just tells everyone you're a boomer who bought coins with cash, and then didn't even have the brainpower to move it out of the exchange's wallet into your own. So yes, I agree that's absolutely retarded and anyone who did or plans to do that is a retard. Sorry for your losses. I would also agree with you on one more point: don't do it again! Lol.