FTX was not on a censorship resistant, trustless, globally synchronized ledger. They were a company that promised you they had your stuff on that ledger, but didn’t.
No one should hold funds on an exchange, that’s akin to a bank. These trustless ledger were built to provide a place to store assets WITHOUT trusting a bank.
No one can freeze my native assets held on one of these “blockchains”.
If you don’t understand the difference, I can get more technical.
Yeah. Censorship resistant, globally distributed, irreversible ledgers are so useless.
In its current implementation, absolutely.
you're laughing.
FTX froze his accounts and you're laughing.
FTX was not on a censorship resistant, trustless, globally synchronized ledger. They were a company that promised you they had your stuff on that ledger, but didn’t.
No one should hold funds on an exchange, that’s akin to a bank. These trustless ledger were built to provide a place to store assets WITHOUT trusting a bank.
No one can freeze my native assets held on one of these “blockchains”.
If you don’t understand the difference, I can get more technical.