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Exchange Rage!

avatar of @chekohler
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Cesc0410
@chekohler
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2 min read

Hey JessiExchanges

I don't see a reason to post my usual shit since it will be drowned out and ignored and hey who doesn't love a good hype train. As day 3 of the war rages on, I see plenty of people questioning how we got here, and that's all good and well. It's easy to sit on the moral high ground with hindsight and point out the obvious and who fucked up bla bla bla. It's easy to say what would or should have been done when you weren't the one who needed to take an action.

We can debate about who fucked up and whose view is right till we are blue in the face and guess what? It will get you fucking nowhere unless you have a damn time machine.

The biggest of all the fuck ups

Regardless of where you stand on the whole situation, I think one thing we can all agree on that to collusion to use other peoples stake on exchanges to vote in new governance is all kinds of shady and illegal. Exchanges have been able to operate with impunity for years due to ignorance and no other viable options and have made millions in the process. They sit in a grey area as a necessary evil in the crypto space and have been enjoying it for years.

I will openly say I'm biased because I did leave cryptocurrency, in fact, ALOT of cryptocurrency on an exchange and I was hacked and they did nothing about it, just threw up their hands and said oh well! So if I can do something to fuck them right back im going to get on board.

Image source: tenor.com

Exchanges fucked up in a big way here by offering custodial funds to be used, and to that, they need to power up. By getting community witnesses back, we can keep that power up at the current 13 weeks and give them the biggest PR nightmare they have ever had.

Let it be known that Binance, Houbi and Poloniex use customer funds as they please and I'm sure it was done for some sort of promise of profit. Well, that's my motivation, I can't speak for anyone else, but I like to see the toxicity on steem be put to good use for once.

Have your say

What do you good people of steem think?

So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."

Let's connect

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