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Re:Binance ‘pauses’ Bitcoin withdrawals amid market collapse by blitzar on Monday June 13, 2022 @12:19PM (#31727606)
> I sincerely feel for the people who got in over their heads.

They were insufferable pricks when they were making loads and laughing at everyone else staying poor. Why would I give them a second thought on the other side? btw: same goes for some tech entrepreneurs too.

Remember: Be Nice to People on Your Way Up. You’ll Meet Them On Your Way Down

Re:Binance ‘pauses’ Bitcoin withdrawals amid market collapse by cj on Monday June 13, 2022 @12:30PM (#31727788)
The vocal people you read about online are a minority. The vast majority (99%+) of investors losing money are doing so silently.
Re:Binance ‘pauses’ Bitcoin withdrawals amid market collapse by TuringNYC on Monday June 13, 2022 @12:36PM (#31727897)
>> Why would I give them a second thought on the other side?

Because if enough of them hurt, soon the government wants to bail them out, and you and I pay for that bailout with taxes.

Or perhaps the government forces the platform to absorb the losses, and you and I pay for that with higher fees in the future.

Re:Binance ‘pauses’ Bitcoin withdrawals amid market collapse by babypuncher on Monday June 13, 2022 @12:57PM (#31728208)
I think there is a far more likely third option; the government hands down crypto regulations similar to the financial regulations put in place during the first half of the 20th century.
Re:Binance ‘pauses’ Bitcoin withdrawals amid market collapse by jonny_eh on Monday June 13, 2022 @12:40PM (#31727958)
> soon the government wants to bail them out

I would be genuinely shocked, and outraged, if the government bails out crypto investors. It has been common knowledge how risky that sector is.

Re:Binance ‘pauses’ Bitcoin withdrawals amid market collapse by martin8412 on Monday June 13, 2022 @12:43PM (#31728008)
Government might go after those selling unregulated securities, but I doubt tax money will be used to bail anyone out.
Re:Binance ‘pauses’ Bitcoin withdrawals amid market collapse by blitzar on Monday June 13, 2022 @01:10PM (#31728410)
Heads they win, tails I lose.