Thursday, December 5, 2019

Proof of keys coming up. This is when we see exchanges collapse!

3rd of Jan: last year this was a primary cause of the collapse of QuadrigaCX - Canada's largest Bitcoin exchange.

Turned out they hardly had any of the bitcoin that they said they had.

Even if only a few percent of you withdraw your BTC from exchanges, this yearly event puts pressure on exchanges that are running on fractional reserves.

Don't be the one left with a "balance" on a dead exchange this year!


No comments:

Post a Comment