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RE: BNB is Getting Interesting

in LeoFinance4 years ago

You say they never lost your money, but in reality in 2008 we all payed for them losing our money. Ofcourse it's possible you started owning assests after the 2008 crash and in fact they never lost your money. This happend before 2008 and will happen again in the future, unless we decentralise the financial market. Centralized banks can become to big to fail.

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Incorrect on 2008. We did pay for the bailout, but brokerages never lost client money, also that money is insured.

If you lose money while investing in a stock, that is your responsibility.

If a brokerage lost your money then it is their responsibility (that never happened) can't happen, as the money is insured.

Centralized bank ARE too big to fail. They still never lost client funds.