๐Ÿ“ณ Social Media

foobar on Twitter: It is not irresponsible to loudly encourage people to withdraw their money from exchanges at the first sign of trouble. It's one of the most responsible things you can do.

foobar on Twitter: It is not irresponsible to loudly encourage people to withdraw their money from exchanges at the first sign of trouble. It's one of the most responsible things you can do. If this causes a failure because the exchange was operating on fractional reserves, better now
dismal-jellyfish ๐Ÿ“ณ Social Media

foobar on Twitter: Exchanges should not be in the business of credit creation. While tradfi banks can expand or contract the money supply, exchanges have no such power.

Source: https://twitter.com/0xfoobar/status/1592183723956572161 foobar on Twitter: Exchanges should not be in the business of credit creation. While tradfi banks can expand or contract the money supply, exchanges have no such power. There are only 19.2 million BTC, only 120.5 million ETH. Any supply changes
dismal-jellyfish ๐Ÿ“ณ Social Media