Comments on: FUD and Loathing in the Crypto Casino https://bombthrower.com/fud-and-loathing-in-the-crypto-casino/ Blowing up the Clown World. Sat, 21 Jan 2023 18:59:13 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Steven Kayser https://bombthrower.com/fud-and-loathing-in-the-crypto-casino/#comment-129194 Wed, 28 Dec 2022 09:08:56 +0000 https://bombthrower.com/?p=6521#comment-129194 Is 'crypto' and 'bitcoin' simply an arrangement of transistors? If anyone can contradict this please let me know.

]]> By: Ron OHara https://bombthrower.com/fud-and-loathing-in-the-crypto-casino/#comment-128996 Tue, 27 Dec 2022 02:25:34 +0000 https://bombthrower.com/?p=6521#comment-128996 Binance regularly (for years) halts Monero (XMR) withdrawals .. usually citing bogus 'network issues' – when no one else on the XMR network is having issues.

It is pretty clear that they are doing fractional reserve tricks with XMR …. and any XMR balance you have with them is probably 'paper XMR' like GLD is 'paper Gold' …. this fractional reserve problem is one of the things suppressing the exchange rates of XMR/fiat … just like GLD is used to suppress the exchange rate of Gold/fiat

Same rule for people – take your crypto off the exchanges. I avoided the MtGox debacle by simply following that rule.

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