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Comment on Itch.io is delisting NSFW games due to pressure from payment processors

If exchanges close, websites stop accepting them, and you can’t withdraw to fiat

Regulation can easily kill most of the cryptocurrency market

Trading on non CEX is a massive pain as well

Storing for long time on cold wallets makes you vulnerable to volatility, which isn’t good for high amounts. It’s essentially investing on a high risk asset.

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hisao@ani.social ⁨2⁩ ⁨days⁩ ago

If exchanges close, websites stop accepting them, and you can’t withdraw to fiat

You can still trade with people directly on forums/chats, like before exchanges existed.

Trading on non CEX is a massive pain as well

Why?

If exchanges close, websites stop accepting them, and you can’t withdraw to fiat

Even in the worst case scenario there is a possibility of anonymous crypto-only exchanges on darknets.

Storing for long time on cold wallets makes you vulnerable to volatility, which isn’t good for high amounts.

Agree, long-term storage on external wallet isn’t a good suggestion.

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- ipitco@lemmybefree.net ⁨2⁩ ⁨days⁩ ago
  True, but then crypto only becomes useful for illegal transactions which isn’t what we want
  
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