Someone just smugly replied "have you heard of FTX? :) "
This is the level of sophistication I'm targeting. Obviously I just politely suggested that we self or collaborative custody, and don't use a fraudulent exchange since the problem I originally pointed out was counterparty risk.
Someone else just responded that there's no risk because the Fed won't let banks go bust :)
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Trying to fight back against this level of "normie" is a battle of futility. Just sit back and say "I told you so" when it all comes crashing down.
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