Re:Binance Halts Deposits and Withdrawals for Customers in t...
by RjQoLCOSwiIKfpm on Tuesday March 14, 2023 @12:13PM
(#35153851)
Sure, but then don't call it "crypto" industry if it is not about cryptocurrencies.
I don't care what you call it, calling the centralized Binance exchange "crypto" is just not accurate.
They don't deserve to co-opt the word.
Re:Binance Halts Deposits and Withdrawals for Customers in t...
by r_hoods_ghost on Tuesday March 14, 2023 @12:20PM
(#35153947)
Umm, you do realize that the purveyors of decentralized Ponzi schemes co-opted the word "crypto" from us serious minded folks concerned with cryptography?
Re:Binance Halts Deposits and Withdrawals for Customers in t...
by RjQoLCOSwiIKfpm on Tuesday March 14, 2023 @12:25PM
(#35154032)
Yes that sucks - which is why I had used the full word "cryptocurrency" in the non-quote parts of my replies :)
Re:Binance Halts Deposits and Withdrawals for Customers in t...
by danaris on Tuesday March 14, 2023 @12:18PM
(#35153906)
Just because it is centralized, and thus does not follow one of the purported principles of some cryptocurrency enthusiasts, does not mean that it is not both correct and useful to call it part of that industry.
Re:Binance Halts Deposits and Withdrawals for Customers in t...
by EFreethought on Tuesday March 14, 2023 @01:21PM
(#35154981)
Also: A lot of cryptocurrency enthusiasts (although not all) want and have wanted cryptocurrency to get broader adoption and acceptance. Exchanges are how that is going to happen. If it does happen.
Looking for hard drives in the trash does not scale.
The moment general population became aware of "bitcoin" as "something you can buy that'll get more expensive", the whole technology and ideals behind it were overshadowed by speculative investors.