exchanges, not the miners, not the developers. As long as you do not trust them, you will be safe.
I’m determined to stay strong in the face of government FUD about crypto. This isn’t just about money for me, it’s a matter of principle. I may take a hit financially, and I may even stop buying until this situation sorts itself out. Governments have an interest in causing as much damage as possible before the election season starts and more voices are heard in support of crypto. I don’t think they’ll drag this into a campaign season, though.
The point is, no one has threatened our ability to hold crypto. It’s like testing a bus driver for DUI – it’s not a ban on public transportation, it’s just a way to make sure the people responsible for keeping us safe are actually doing it. The same goes for checking crypto exchanges for their ability to keep our coins safe. Don’t let anyone tell you that trusting strangers who want to make a profit off of you with your money is what crypto is about.
Cryptocurrency is based on distrust – we don’t trust anyone but the blockchain. Not the exchanges, not the miners, not the developers. As long as we don’t trust them, we’ll be safe. So I urge everyone to stay strong and not cave to government FUD. We can weather this storm, and keep enjoying the benefits of crypto.