/biz/ - Business & Finance

>>52404138
Just like SBF. He's projecting.

"Don't move your reserve around" He said, meanwhile people are seeing Huobi & Binance moved reserve around on-chain.

>>52404138
I don't trust this chink at all, remember when he asked to roll back the Bitcoin blockchain in 2018? lol

Cold wallet >>> Kraken > Binance > all the rest

>>52404184
Can’t wait to buy cheapies when binance collapses

feminine thread
its user funds on the exchange

>>52404218
Yeah, but how do you know that though?
You don’t.

>>52404138
Binance collapse will be huge

This fucking picrel doesn't even make any sense. Why are you spamming this image 7/24 in this board? Must be a jew thing.

>>52404207
Retards have short term memory. Just 1 year ago traders who got wrecked by Binance couldn't sue it because... nobody knows where exactly Binance's headquarter is lmao

Slimy dirty evil CCP asset

>>52404138
That image is stupid. Where else do you want him to keep the BNBs? Or do you expect binance to not have its own coins?
I am not saying that you should trust any cex but baseless fud is baseless.

>>52404245
Sorry you failed your IQ test anon

>>52404228
> how do you know that though?
Look up the addresses on an explorer... or query the blockchain yourself if you don't trust the explorer.

>literally nobody including Bloomberg understands what reserves are or how balance sheets work
this is the bottom isnt it

>>52404267
I want him to post proof of liabilities in addition to proof of reserve. Without knowing what’s owed, there’s no point in POR. It’s all theater for midwits like (You)

>>52404138
Jew hands typed this

Why is this board filled with so many sub 80 IQ mongs all of a sudden?

Those are reserves, meaning users deposits. That is not the same thing as collateral. Alameda and FTX used FTT as collateral for billions in loans

>>52404232
rollin for this

>>52404294
I don't keep any money on exchanges. It's stupid. By all means, withdraw all the money from cexs but stop making up scenarios that you have no way of confirming yourself.

>>52404138
crypto is extremely overvalued. nigger cattle adoption has driven the price skyward. these same nigger cattle require, as a condition of their adoption, kyc on-ramps and coins held in exchanges. collapse the exchanges and a massive amount of market cap is lost as the tides of nigger cattle opinion violently change.

another case of something beautiful being ruined by pandering the lowest and brownest common denominator.

>>52404138
Post the entire thing you fucking retard

>>52404138
Everybody in Crypto is bullshitting because it's all a ponzi

>>52404299
You're the retarded one anon. Like >>52404294 said, 'proof of reserve' means nothing without proof of liability. That's why they say "BALANCE" moron, not asset.

Educating midwit like you is always such a pain in the ass

>>52404299
>all of a sudden
>implying it hasn't always been

No coiners seething because they didn't buy bnb when it was 50 cents.

>>52404207
Based, and avoid trust wallet

>>52404388
See you at 0.0002 cents

>>52404138
>$28B BUSD
is their own fiat backed by nothing coin tho right?

>>52404138
>it's an exchange-issued coin dude it's totally sound bro
these are nothing but unregulated ETFs masquerading as a "virtual commodity"
binance owns a "coin" issued by a different exchange, but that other exchange is leveraged too, which means the coin is inherently nothing but borrowing, aka a liability, negative value
leverage stacked on top of leverage
and you fucking morons walk right in underneath the rickety scaffolding

>>52404214
they don't accept onlyfans coins

>>52404684
>BUSD is a 1:1 USD-backed stablecoin approved by the New York State Department of Financial Services (NYDFS) and issued in partnership with Paxos.

>>52404138
how dose this guy sleep at night?

>>52406463
This, so many retards ITT

>>52404303
She looks kinda cute there, just needs contact lenses and dentures.