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WTF? FTX was shut down months ago for fraud and Sam, the CEO, is on trial for criminal fraud. I call total bullshit ...raken to newer entrants like FTX, t
Some may have `issues`I have also been using Kraken for some time now and have not had any problems
Is there something I don't know?
Depends whether you are big enough of a fish ... Moving $20K per year is not a lot of money really.Is there something I don't know?
There are a lot of things that can be applied here.Peer-peer wallets are very secure and as i have heard there are a lot of good wallets and exchange systems in Australia, or very insecure, depending on the practices of the peers.
I guess if tax-evasion is important to you: peer to peer transactions without any crypto-exchange interaction, with KYC and/or AML verification, would be the way to go.
So why is there no substantial 'crypto economy'?
By that I mean at some point an exchange to real "fiat" that is real money?
Peer-peer wallets are very secure, or very insecure, depending on the practices of the peers.
I guess if tax-evasion is important to you: peer to peer transactions without any crypto-exchange interaction, with KYC and/or AML verification, would be the way to go.
So why is there no substantial 'crypto economy'?
By that I mean at some point an exchange to real "fiat" that is real money?
The global economy is ~110 Trillion (USD) so?just look at the CMC to see the volume of each exchange. right now the crypto cap is more than 2Trillion