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RE: Cryptocurrencies Tumble After Popular Japanese Exchange Halts Withdrawals

in #bitcoin7 years ago

@zer0hedge...bro The fact that humans are pigeon-holed into investing in the stock market using 'dollars' speaks volumes....and last time i checked, criminals are included in that bunch. Its ok to be a criminal as long as you use 'dollars'.If you're not using, or at least looking at using, a decentralised exchange you are harming crypto by helping these scum bag exchanges stay in existence. If everybody stopped keeping coins on exchange and withdrew to a wallet, we would finally see which (if any) of these big exchanges are actually solvent. Stephen Poloz, governor of the Bank of Canada, recently stated that Bitcoin trading is “gambling.” For the central bank governor, cryptocurrency buyers should “beware,” as cryptocurrencies aren’t neither assets nor currencies. To him, they’re more like securities.Poloz added that he is currently working with global regulators to develop regulations around cryptocurrencies. Notably, he joined a group of personalities, including central bankers and Nobel laureates, claiming Bitcoin has no intrinsic value.But as soon as you try to explain this to any member of the bitcoin witness sect, they will immediately start dragging the conversation into the plane of bitcoin technology.They, like any sectarians blindly believe and therefore do not want to talk about the most important thing - about the financial nature of bitcoin. ..thank you for sharing with us...

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I agree with u bro about this fact.