Re:Blockchain isn't about democracy and decentralisation – i...
by pjc50 on Monday October 15, 2018 @11:38AM
(#18220576)
Keeping your cryptocurrency in your own wallet guarantees nothing about its exchange value, though; the "price level" of cryptocurrency absolutely is set by the fraudulent practices of the exchanges even if you don't go near them yourself.
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Re:Blockchain isn't about democracy and decentralisation – i...
by exitcode00 on Monday October 15, 2018 @01:15PM
(#18221579)
There are "fraudulent practices" in the real world exchanges - look at how LIBOR was/is rigged (https://en.wikipedia.org/wiki/Libor_scandal). And I certainly hope its "exchange value" isn't exactly the same as a government currency as that would defeat the purpose of having something different in the first place...