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Comment on Binance was slapped with a $4.3 billion fine because it let groups like Hamas and ISIS receive funds: Treasury Department

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shortwavesurfer@monero.town ⁨11⁩ ⁨months⁩ ago

Centralization allows for this. If people exchanged crypto peer to peer transaction amounts would be much smaller and no one person or company would have nearly as big of a share as binance. So I will continue to say not your keys, not your coins.

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cheese_greater@lemmy.world ⁨11⁩ ⁨months⁩ ago

Nacho ;)

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sv1sjp@lemmy.world ⁨11⁩ ⁨months⁩ ago
If you are trading, its a cheaper choice. (Except if you are trading in Blockchains like polygon) Also, “not your keys not your coins”, but most people are losing access to your Facebook account (without 2FA), they have no chance to keep their own keys…

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- shortwavesurfer@monero.town ⁨11⁩ ⁨months⁩ ago
  People need to learn to take responsibility. If they lose their money once or twice, they won’t do it again, because they will figure out exactly how to not lose their money. Losing access to a Facebook account is inconvenient because you have to do the whole forgot password thing, but losing access to your money and knowing there’s no way to get it back is a whole different story.
  
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