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A comment on FTX to file for U.S. bankruptcy, CEO resigns. Parent comment

Re:FTX to file for U.S. bankruptcy, CEO resigns by Lonestar1440 on Friday November 11, 2022 @02:39PM (#33565679)
Once you accept the necessity of middlemen, known counterparties, and regulators; what's the point of Crypto?
[ Parent | on HN ]
Re:FTX to file for U.S. bankruptcy, CEO resigns by adastra22 on Friday November 11, 2022 @02:52PM (#33565886)
Businesses operating as custodians should be subject to all the usual banking regulations. They are holding other people’s money.

But that’s not crypto, that’s just a crypto-related service.

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Re:FTX to file for U.S. bankruptcy, CEO resigns by dlubarov on Friday November 11, 2022 @04:40PM (#33567227)
Regulated exchanges are just onramps; once the user takes custody of their funds they become free to transact without middlemen.
[ Parent | on HN ]