Well to start, great post.
I have yet to invest in any crypto hedge funds. I have used hedge funds in the past for fiat currency and have mixed feelings. I still believe in handling my worth personally. I traded my time for that worth and I intend on knowing what it is used for.
I do not think that Kraken should be held accountable in this instance. Much like everything else in life, we need to take responsibility for our action. If a person lost money because of the flash crash then they have to own it. When I first started messing with cryptos one of the most repeated things I heard was "don't leave money on an exchange if you can't afford to lose it".
Peace,
The Last Sage
couldn't agree you more. You own your own destiny in life and finance. Before putting any money in, make sure that you fully understand it first, then hold onto it. and look at long term not short term.
I am concerned now more than anytime before about how bitcoin will be after 1st AUGUST.
there could be a chain split in Bitcoin and I read an official post in coinbase blog that everyone should take there BTC out of their wallet or rather all online wallets because they still do not know what could happen.
what is your mind about that steemians,,,?
I have simply dispersed out into other solid coins until after Aug 1st. It is possible that a split could happen but I think most are hoping for a consensus on the soft fork. If this is the case, the updates will go through and everything will return to "normal" with some improvements to tx time and fees. I hope this helps a little.
Peace,
The Last Sage
Well said @thelastsage!