12-15-2022, 11:56 AM
CZ advocates against self-custody. Alex Mashinky did say the same thing. Guess what,
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/zm3gv1/cz_advocates_against_selfcustody_alex_mashinky/"> <img src="https://external-preview.redd.it/xLNlVpcrzFufU2PYyXwjfJ-gNpeDGtn6acniPv0jMME.jpg?width=320&crop=smart&auto=webp&s=00eaf7fe1e0ef5343970cd4f5b223a822d9fa592" alt="CZ advocates against self-custody. Alex Mashinky did say the same thing. Guess what, Celsius collapsed and bankrupt." title="CZ advocates against self-custody. Alex Mashinky did say the same thing. Guess what, Celsius collapsed and bankrupt." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>So CZ said 99% of people today, asking them to self-custody their own cryptocurrency will lose their assets.</p> <p>Many of you don't know but Alex Mashinky did say the same thing, literally telling people to not self-custody their Bitcoin but let his company do it. Celsius collapsed because it was a Ponzi scheme.</p> <p>​</p> <p><a href="https://preview.redd.it/xv5wo8weqx5a1.jpg?width=1705&format=pjpg&auto=webp&s=7b4ff2187be496e8b828f85185a59cfeeb137cae">https://preview.redd.it/xv5wo8weqx5a1.jpg?width=1705&format=pjpg&auto=webp&s=7b4ff2187be496e8b828f85185a59cfeeb137cae</a></p> <p>For the record, here is the video he said about the problem of self-custody that people end up losing their crypto and that whoever said that is Bitcoin maxis.</p> <p><a href="https://www.youtube.com/watch?v=-EHWat2DLkE">https://www.youtube.com/watch?v=-EHWat2DLkE</a></p> <p>I don't why many of you keep saying that people telling people to withdraw their assets from Binance are spreading FUD. </p> <p>NO FUD here. If the exchange keeps customers' backed at a 1:1 ratio, they shouldn't be worrying if ppl are withdrawing their assets. In fact it is another way around, because it shows that they could honour their customers' withdrawal.</p> <p>Again, to me, there is not enough 'not your key not your crypto'. The first thing you should learn when getting into crypto is self-custody your own assets. </p> <p>Like Andreas M. Antonopoulos said, exchange is only the place where you trade, when you are done with trading, withdraw your crypto ASAP. That's simple.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hoanglpr"> /u/hoanglpr </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zm3gv1/cz_advocates_against_selfcustody_alex_mashinky/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zm3gv1/cz_advocates_against_selfcustody_alex_mashinky/">[comments]</a></span> </td></tr></table>
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/zm3gv1/cz_advocates_against_selfcustody_alex_mashinky/"> <img src="https://external-preview.redd.it/xLNlVpcrzFufU2PYyXwjfJ-gNpeDGtn6acniPv0jMME.jpg?width=320&crop=smart&auto=webp&s=00eaf7fe1e0ef5343970cd4f5b223a822d9fa592" alt="CZ advocates against self-custody. Alex Mashinky did say the same thing. Guess what, Celsius collapsed and bankrupt." title="CZ advocates against self-custody. Alex Mashinky did say the same thing. Guess what, Celsius collapsed and bankrupt." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>So CZ said 99% of people today, asking them to self-custody their own cryptocurrency will lose their assets.</p> <p>Many of you don't know but Alex Mashinky did say the same thing, literally telling people to not self-custody their Bitcoin but let his company do it. Celsius collapsed because it was a Ponzi scheme.</p> <p>​</p> <p><a href="https://preview.redd.it/xv5wo8weqx5a1.jpg?width=1705&format=pjpg&auto=webp&s=7b4ff2187be496e8b828f85185a59cfeeb137cae">https://preview.redd.it/xv5wo8weqx5a1.jpg?width=1705&format=pjpg&auto=webp&s=7b4ff2187be496e8b828f85185a59cfeeb137cae</a></p> <p>For the record, here is the video he said about the problem of self-custody that people end up losing their crypto and that whoever said that is Bitcoin maxis.</p> <p><a href="https://www.youtube.com/watch?v=-EHWat2DLkE">https://www.youtube.com/watch?v=-EHWat2DLkE</a></p> <p>I don't why many of you keep saying that people telling people to withdraw their assets from Binance are spreading FUD. </p> <p>NO FUD here. If the exchange keeps customers' backed at a 1:1 ratio, they shouldn't be worrying if ppl are withdrawing their assets. In fact it is another way around, because it shows that they could honour their customers' withdrawal.</p> <p>Again, to me, there is not enough 'not your key not your crypto'. The first thing you should learn when getting into crypto is self-custody your own assets. </p> <p>Like Andreas M. Antonopoulos said, exchange is only the place where you trade, when you are done with trading, withdraw your crypto ASAP. That's simple.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hoanglpr"> /u/hoanglpr </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zm3gv1/cz_advocates_against_selfcustody_alex_mashinky/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zm3gv1/cz_advocates_against_selfcustody_alex_mashinky/">[comments]</a></span> </td></tr></table>