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by BobbyTables2 471 days ago
Crypto exchanges sure seem like scams…

All the convenience and security of a bank account without the security or regulation.

People talk up crypto for being decentralized and then park their money in exchanges run by fraudsters…

1 comments

This is my favorite part of the whole crypto ecosystem.

"It's decentralized! Code is law! I own my wallet!"

*proceeds to use third party wallet service that handles 40% of all wallets and then gets mad when they're hacked and there's no recovery process".

I genuinely believe the vast majority of crypto proponents are financially illiterate.