News for hackers. Stuff that matters.

A comment on Crypto firm BlockFi files for bankruptcy as FTX fallout spreads. Parent comment

Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by Analemma_ on Monday November 28, 2022 @11:49AM (#33775916)
If you stored your Luna/FTT/whatever on a personal wallet and never touched an exchange, you still lost all your money. The centralized actors run the show whether you interact with them or not.
[ Parent | on HN ]
Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by rjtavares on Monday November 28, 2022 @12:13PM (#33776268)
If you bought BTC before centralized actors became dominant, you didn't lose money. If you bought BTC after, you should have known that could happen.
[ Parent | on HN ]