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by imtringued
1288 days ago
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You clearly aren't aware of all the cryptocurrency exchanges that have gone bust. Exchanges are not banks, they are not supposed to act or even fail like banks. Exchanges only take a fee on every transaction. That is all they do. It is literally impossible to bankrupt an exchange if it is run honestly. Banking meanwhile can fail even with honesty because of the nature of borrowing short and lending long. |
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