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Re:Binance Halts Deposits and Withdrawals for Customers in t... by coffeebeqn on Tuesday March 14, 2023 @12:37PM (#35154228)
It seems more like a case of someone inventing tomatoes and getting mad that industrial farms starts planting them. That’s not tomatoes! It’s supposed to be decentralized!

Often the thing that’s envisioned by the creators is not the final say on market fit

Re:Binance Halts Deposits and Withdrawals for Customers in t... by RjQoLCOSwiIKfpm on Tuesday March 14, 2023 @12:45PM (#35154374)
I don't care that the industry uses someone's tomatoes :)

I merely care about the fact that the tomatoes are being called non-industrial even though they are 100% factory grown.

I.e. Binance is not "crypto".

Re:Binance Halts Deposits and Withdrawals for Customers in t... by p_j_w on Tuesday March 14, 2023 @01:23PM (#35155025)
Are you going to sit here and pretend that centralized marketplaces aren't how the vast majority of people deal with crypto?
Re:Binance Halts Deposits and Withdrawals for Customers in t... by hef19898 on Tuesday March 14, 2023 @02:41PM (#35156460)
No true scotsm... Never mind.
Re:Binance Halts Deposits and Withdrawals for Customers in t... by notahacker on Tuesday March 14, 2023 @01:06PM (#35154699)
Worse than that. It's like people whose fortune is tied up in tomato plants insisting that none of the people eating tomatoes or exporting them or making sauces with them should be considered anything to do with the tomato industry

If there were no exchanges to provide a friction-free way for speculators and suckers to buy Bitcoins and Bitcoin recipients to turn them into spendable cash, there would be virtually no demand to buy or accept goods for Bitcoins, and the supply of Bitcoins exceeding the demand for them would obviously render them useless as a "store of value"