We used to have the “proof of funds” day in Bitcoin. Meaning everyone would withdraw their coins from exchanges and this forces exchanges to prove they actually have the funds.
Why don’t we do this with BCH?
Exchanges can do two things that suppress coin value:
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Sell your BCH and speculate with it on other markets;
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Or worse: simply sell BCH they dont have.
If we all withdraw our coins off exchange they have less power to do these tricks.
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from Bitcoin - The Internet of Money https://ift.tt/3p0iWOw
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