Full Thread: #1 BitCoin Thread
View Single Post
Old January 8th, 2019 #50
Alex Linder
Join Date: Nov 2003
Posts: 45,382
Blog Entries: 34
Alex Linder

If you use an exchange as a wallet (and thereby must have the exchange's permission to use your money--you clearly are missing the permissionless, decentralized, peer-to-peer characteristics of crypto.

Exchanges are for convenience only. They're not a necessary part of the crypto ecosystem. They certainly should not be used as a bank--that is, to hold your money.