The group responsible is “Collective Shout”, the same org has targeted Steam before.
There are calls on social media now to contact Mastercard, Visa and co. and file complaints.
The group responsible is “Collective Shout”, the same org has targeted Steam before.
There are calls on social media now to contact Mastercard, Visa and co. and file complaints.
If exchanges close, websites stop accepting them, and you can’t withdraw to fiat
Regulation can easily kill most of the cryptocurrency market
Trading on non CEX is a massive pain as well
Storing for long time on cold wallets makes you vulnerable to volatility, which isn’t good for high amounts. It’s essentially investing on a high risk asset.
You can still trade with people directly on forums/chats, like before exchanges existed.
Why?
Even in the worst case scenario there is a possibility of anonymous crypto-only exchanges on darknets.
Agree, long-term storage on external wallet isn’t a good suggestion.
True, but then crypto only becomes useful for illegal transactions which isn’t what we want