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by TTPrograms 2949 days ago
A privately owned centralized debt exchange company can go out of business.
1 comments

And one of these can fork itself to leave you stranded if the mob (or top of the pyramid) switch to another more popular fork. You’ll be left holding a bag of worthless tokens. You’ve traded the entire legal infrastructure for mob rule.

This project, like all crypto projects, is fundamentally flawed. The only difference is this one somehow managed to con a bunch of VC folk into funding it.

If a blockchain forks you have copies on both forks. What are you talking about?