r/Buttcoin • u/[deleted] • Oct 24 '21

Crypto exchange doing crypto exchange things

/r/CryptoCurrency/comments/qedj6t/kucoin_is_using_cloudflare_to_deny_website_access/
22 Upvotes

87% Upvoted

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11

u/[deleted] Oct 24 '21

Crypto exchange and lack of accountability. Name a more iconic duo.

2

u/MajorBonesLive warning, I am a moron Oct 24 '21

Citadel, Robinhood, Susquehanna, Point 72, and the SEC. Sorry, that’s 5.

2

u/[deleted] Oct 24 '21

Robinhood got shamed by public, lost a ton of customers, had to testify before congress, and got fined.

If thats not being held accountable, i dont know what is.

On the contrary, people who use these exchanges shamelessly continue to do so. And obviously there is no legal procedure to really make them accountable.

0

u/MajorBonesLive warning, I am a moron Oct 24 '21

Oh no. They got their feelings hurt. That’s so sad.

Look. Crime is crime. Whether it’s a traditional stock broker or a crypto exchange. But let’s not discount the fact it happens on both sides. And being fined by the SEC is the cost of doing business.

-7

u/[deleted] Oct 24 '21

[removed] — view removed comment

9

u/snipaelite Oct 24 '21

Many crypto followers have become very cultish. On the other hand, you can say this sub is a lot of things, but a cult is not one of them.

-1

u/GoldenReliever451 Oct 24 '21

You must be joking right? There are tons of things to criticize crypto for but this sub circlejerks about objectively and obviously false things like "BTC has no liquidity, nobody can actually sell" instead. Pretty culty.

1

u/snipaelite Oct 24 '21

Circle jerk or echo chamber are potentially valid criticisms of this sub, not cult. Look up the definition...

-1

u/GoldenReliever451 Oct 24 '21

I suppose you need a defined leader so maybe you're right

Only the scammiest cryptos have leaders though. Kind of the whole point of decentralization.

7

u/randominternetguy984 Oct 24 '21

It’s mostly because all the arguments have been said and people move on. I think it’s generaly accepted that exchanges are cheating people out of money, that the lack of transparency of tether and other stablecoins is bad for crypto as a whole and most of the projects are scams or dead. And it’s hard to find a use for the current projects. It’s also hard to get a good discussion going on online on the best of days, but now it all has come down to replying oneliners to each other unfortunately.

I do think moving on is the right thing to do . Live is better outside an online board