Re:I Wasted 8 Years of My Life in Crypto
by LikesPwsh on Monday December 08, 2025 @03:33AM
(#46189818)
Most token holders use exchanges, where freezing accounts and just keeping the tokens is a daily occurrence.
That's not something solved by cryptocurrency in its current form.
Re:I Wasted 8 Years of My Life in Crypto
by throw101010 on Monday December 08, 2025 @06:08AM
(#46190954)
You do realize that they get frozen only because of the fiat system regulations/laws?
These exchanges freeze accounts in fear of what governments might do to them if they weren't cautious/suspicious enough. They have no economical interest in freezing account otherwise, that's one less customer trading and paying them fees.
> You do realize that they get frozen only because of the fiat system regulations/laws?
Well, sometimes. Sometimes they get frozen because the exchange operator decides to take the money and run.
Nonsense. Your funds can be frozen with no recourse even if you're innocent. No-one will tell you what you supposedly did wrong. Everyone who hears about your predicament will make up reasons to believe that you'd done something wrong because they want to believe that the system doesn't make mistakes.