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1. LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Thursday, 12-May-2022 00:04:22 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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   • GeniusMusing
   I saw a headline earlier with the BK word and Coinbase in the same sentence, but hadn't stopped to read it.
   
   I'm sure @guizzy@pleroma@guizzyordi.info can give the exact wording, but there's a saying in the cryptocurrency world that if your coins & tokens are not held in an offline wallet that only you control, they are not really yours.
   
   The point of cryptocurrency is about weakening the power of the intermediaries who currently choose the winners and losers. One cannot do that while simultaneously leaving one's holdings in the custody of yet another intermediary.
   
   We should think of exchanges as places for money in transit, not as places for money at rest. Western Union, not Bank of America.
   
   That said, it is alarming that the word bankruptcy is being bandied around and as far as I know, their customers have not been warned of the danger.
   
   I will inform both #sonTwo and #Daddy_A, in case either of them has an account and left some currency in the account.
   • LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Thursday, 12-May-2022 00:05:32 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}

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     in reply to

     • an actual bear in a hazmat suit
     ^ @guizzy See thread https://nu.federati.net/conversation/2545813#notice-3400693