UlyssesT to news • edit-219 days ago*Permanently Deleted*trashmessage-squaremessage-square89 fedilinkarrow-up1133file-text
arrow-up1133message-square*Permanently Deleted*trashUlyssesT to news • edit-219 days agomessage-square89 Commentsfedilinkfile-text
minus-squareLovely_sombrero [he/him]hexbear9·2 years agoThe exchanges own it, you get an IOU from them for the value of the tokens. And they really have no obligations to you. The biggest stablecoin even has "we can abscond with the money" clause in their terms & conditions, lmao. link
minus-squareHoChiMaxh [he/him]hexbear4·2 years agoI mean that is hilarious, I do struggle to see how that's not an investment though link
The exchanges own it, you get an IOU from them for the value of the tokens. And they really have no obligations to you. The biggest stablecoin even has "we can abscond with the money" clause in their terms & conditions, lmao.
I mean that is hilarious, I do struggle to see how that's not an investment though
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