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Originally Posted by jscott
Well, it's not my job to explain to you how banks to fiat, similarly exchanges to crypto have ownership over your funds, you sound extremely ignorant to how it works,
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Wat.
So you think that when banks get robbed, like this exchange was, customers of the bank are the ones who lose their money because the bank "has ownership of their funds"?
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and I'm not your teacher, go learn it, maybe start with fractional reserve banking or compare Kraken.com's "proof of reserves" compared to all other exchanges
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"Fractional reserve banking" now... Anything to evade the question.
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And, you're the one who's saying: "I'd love to hear more about how cryptos that are literally bitcoin code with a name change and different algo are less decentralized than bitcoin."
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Uhhhhhh, yeah... I posted that totally obvious sarcasm because you can't possibly explain - as you are showing now - how bitcoin is the only decentralized cryptocurrency, because it isn't.
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If you really wanted to know of which is more decentralized, search for it
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Why would I search for something moronically stupid that only you believe? I already explained to you that coins that are almost entirely bitcoin code are just as decentralized as bitcoin.