RE: Is Bitfinex/Tether's implosion overblown?

You are viewing a single comment's thread from:

Is Bitfinex/Tether's implosion overblown?

in bitcoin •  6 years ago 

It nowadays is a drop in the bucket. Bitfinex is not a very important exchange.
Nevertheless this shows two fundamental problems.

  1. Do not leave funds on exchanges
  2. Do not trust offchain funds. This is just fractional reserve lending all over again.
bitcoin
6 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.03
  • Past Payouts $0.03
  • - Author $0.02
  • - Curators $0.01
1 vote
0
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!