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A comment on Binance US No Longer Allows USD Withdrawal for Users. Parent comment

Re:Binance US No Longer Allows USD Withdrawal for Users by buildbuildbuild on Wednesday October 18, 2023 @11:55AM (#37930521)
People were very hesitant to enter their credit card numbers into any website. This is a financial technology, it will bring more risks and justified hesitancy until the right projects iterate past the tests of time.

We’re in the MVP stage as an industry with plenty of problems. Unfortunately those problems can impact lives in much more negative ways than a communication tech like the internet could during its “MVP era”.

[ Parent | on HN ]
Re:Binance US No Longer Allows USD Withdrawal for Users by pasc1878 on Wednesday October 18, 2023 @01:03PM (#37931538)
And people started putting credit cards into websites where there were standards and government approval for it. So that fraudulent websites can be procescuted and the credit card companies will refund your money. ie the user is not at risk.,

When will there be this backing for bitcoin?

[ Parent | on HN ]