Scam or not a scam aside, you can't conflate the exchanges with the bitcoin. It's the difference between having "gold" in a bank, and the bank turns out to be empty vs having gold in your basement. Anyone who got "wiped out" by an exchange going bust wasn't even holding bitcoin to begin with. They were trusting some scammer to hold their gold for them. You simply can't conflate this with holding bitcoin in your own wallet.
Whatthefuck 0 points 1 month ago
Scam or not a scam aside, you can't conflate the exchanges with the bitcoin. It's the difference between having "gold" in a bank, and the bank turns out to be empty vs having gold in your basement. Anyone who got "wiped out" by an exchange going bust wasn't even holding bitcoin to begin with. They were trusting some scammer to hold their gold for them. You simply can't conflate this with holding bitcoin in your own wallet.