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Comments by "" (@badluck5647) on "How Binance Melted Down in Less Than a Year | WSJ What Went Wrong" video.
It is funny how Blackrock conspiracies always show up in the comments of crypto bros. It makes sense due to crypto bros' lack of financial knowledge. Most of Blackrock's portfolio is index funds that they have access or control over.
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Bitcoin is decentralized. Every other crypto is centralized by a few non-government players who can use market manipulations to screw over small investors. Is FTX and Binance really a better alternative to the Federal Reserve?
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A sucker is born every second.
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It is funny how Blackrock conspiracies always show up in the comments of crypto bros. It makes sense due to crypto bros' lack of financial knowledge. Most of Blackrock's portfolio is index funds that they have access or control over.
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Who knows? There isn't any transparency with these illegal securities.
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@mikatu FDIC What was recovered from the FTX bank run?
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Magic beans
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FTX?
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Even FTX's founder's political connections and money could save him from the DOJ.
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The blockchain is a solution that can't find an issue to solve.
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Illegal securities & money laundering
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@paranoidhumanoid Cyroto aren't currencies. They are unregulated securities designed to defraud consumers.
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Isn't centralizing crypto missing the point?
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@jarrodmagnusson4101 That is why you don't concentrate all your money in one bank. Plus, what kind of idiot would keep that much money in a savings account instead of bonds or equity?
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@ArturoGarzaID Obviously, the US dollar is used by criminals. That is why banks follow anti-money laundering regulations. These crypto exchanges choose not to follow these regulations in order to cater to criminals.
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