“Funds are SAFU”—where did that actually come from?
Big Bro dug up the original video at 3 a.m. It has 356,000 views.
He posted just one thing: The term SAFU came from this video.
A slip-of-the-tongue joke that later became the User Protection Fund established in 2018.
It’s even more interesting in today’s context:
1/ The $92.9 million Ledger theft is still making waves
2/ Exchanges have SAFU as a backstop
3/ If something goes wrong with self-custody, there’s no backstop—your channels and habits are your SAFU
$BNB 1h is now at 749, and the Bollinger Bands have tightened considerably: upper band 752.46, middle band 749.99, lower band 747.53.
If it holds 747, I’ll expect sideways movement. If it breaks below the 717 low, I’ll admit I’m wrong.
Do you trust an exchange’s fund more, or your own cold wallet?
#Binance #内容挖矿 #SAFU
Just my personal opinion. Be aware of the risks, DYOR
Big Bro dug up the original video at 3 a.m. It has 356,000 views.
He posted just one thing: The term SAFU came from this video.
A slip-of-the-tongue joke that later became the User Protection Fund established in 2018.
It’s even more interesting in today’s context:
1/ The $92.9 million Ledger theft is still making waves
2/ Exchanges have SAFU as a backstop
3/ If something goes wrong with self-custody, there’s no backstop—your channels and habits are your SAFU
$BNB 1h is now at 749, and the Bollinger Bands have tightened considerably: upper band 752.46, middle band 749.99, lower band 747.53.
If it holds 747, I’ll expect sideways movement. If it breaks below the 717 low, I’ll admit I’m wrong.
Do you trust an exchange’s fund more, or your own cold wallet?
#Binance #内容挖矿 #SAFU
Just my personal opinion. Be aware of the risks, DYOR