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Topic: The US dollar could run out soon - Gold can lose value - Elon musk - page 2. (Read 176 times)

member
Activity: 538
Merit: 17
So many books, so little time
Cex tokens like BNB cannot be hacked, if hacked then it has a centralized blockchain which is controlled by the binance, so binance can revert such transactions in case of hack attempts.

Centralised exchanges get hacked. Binance has been hacked in the past and have lost quite a lot.

Propagating messages like these either mean you're misinformed or have no idea what's going on. The upper and working classes that don't do research are fine to pull out of bitcoin/crypto I don't care but if you've invested for the technology rather than getting rich then you should still be happy (lower fees too!) (and if you're just after getting rich then idc).
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Centralised exchanges get hacked. Binance has been hacked in the past and have lost quite a lot.

Propagating messages like these either mean you're misinformed or have no idea what's going on. The upper and working classes that don't do research are fine to pull out of bitcoin/crypto I don't care but if you've invested for the technology rather than getting rich then you should still be happy (lower fees too!) (and if you're just after getting rich then idc).
member
Activity: 538
Merit: 17
So many books, so little time
The US dollar could run out soon - Gold can lose value - Elon Musk

The US dollar could run out soon - Gold can lose value - As because Elon Musk is trying to get investors out of the crypto market. If investors lose interest due to Elon Musk and Bitcoin long-run bearish position, the US dollar might completely lose its value and exchanges can create decentralized fiat currencies having greater value than USD. Bitcoin might be replaced by another currency too like BNB as due to hacking attempts, people would like to move on centralized exchange tokens because it cannot be hacked.
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