full image - Repost: Looking for some perspective (from Reddit.com, Looking for some perspective)
Mining:
Exchanges:
Donations:
Maybe I’m a total idiot and missing something, but how can Monero or anything in the crypto market matter if exchanges are doing fractional reserve banking and IOU’s?Even with brilliant code like Moneros, won’t exchanges make a currencies scarcity null and void if they are all just essentially using fake accounting to placate buyers without actually holding the actual currency?Please enlighten me with some perspective.
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