If I had just purchased $2 million worth of coins on some BTC exchange you had better believe I would have withdrawn that money so fast your head would spin.
The whole point of Bitcoin is that you can hold it yourself (like in a hardware wallet) so you don't have to trust 3rd parties to hold your money or to transfer it for you anymore. You can do it entirely P2P.
Why on earth would people get into a P2P currency, only to allow 3rd parties to hold all their money?
Literally this guy's LIFE'S SAVINGS was stored on some 3rd party BTC exchange.
Newsflash: DO NOT TRUST ANYONE WITH YOUR MONEY. Thanks to BTC you can hold it yourself and transfer it yourself without involving 3rd parties. That's the whole beauty of it. That's the whole point of it.
If I had just purchased $2 million worth of coins on some BTC exchange you had better believe I would have withdrawn that money so fast your head would spin.
The whole point of Bitcoin is that you can hold it yourself (like in a hardware wallet) so you don't have to trust 3rd parties to hold your money or to transfer it for you anymore. You can do it entirely P2P.
Why on earth would people get into a P2P currency, only to allow 3rd parties to hold all their money?
Literally this guy's LIFE'S SAVINGS was stored on some 3rd party BTC exchange.
Newsflash: DO NOT TRUST ANYONE WITH YOUR MONEY. Thanks to BTC you can hold it yourself and transfer it yourself without involving 3rd parties. That's the whole beauty of it. That's the whole point of it.