FYI crypto exchanges are insolvent

The 🐸 is right! If anyone reading this isn’t sure why, I’d be happy to elaborate...

This is interesting. I'd appreciate some elaboration

Hi @1663. Insolvent = an inability to pay debts owed. Binance is a 💰 handling custodial service. Since they don’t investigate their clients (as required by law), they risk being shut down. Binance promotes 💰 laundering too. If hacked or shutdown, $ = 💨

CSW explains this exponentially better than me. This is a great read...

https://craigwright.net/blog/alternative-coins-systems/institutional-madness/

Thank you. Just read it now. I think I did read it when it came out and hey he (CSW) just put out something on SPV there

Nice! No worries. Glad you reminded me. I have to read the new one too.
I was a lazy idiot for a while & left coins on exchanges. I woke up realizing it was better for me to be responsible for the control of my Bitcoin. It would suck to get Goxed...😬

Goxed! lol! first time I heard that one