🔥 DAY 410 OF STACKING BITCOIN
Whether the market goes up or down, I still buy Bitcoin at 6 a.m. every day.
Today marks day 410 of stacking, everyone.
As you can see, CAEX is currently the first exchange to meet Level 4 security standards and have enough capital—10 trillion VND—to be ready to operate. I’m also waiting to see when the exchanges will launch. Hopefully, as late as possible 🤣.
Domestic exchanges are being built in a rush. Their security technology and verification systems still need to be developed. They may be able to draw on technology exchanges and support from institutional players and other major exchanges, but there’s still a long way to go. And they need time to test everything and make sure it’s stable.
Personally, I don’t think exchanges should launch in a hurry. Rushing means things can be done carelessly and patched together, making them more likely to break or get hacked. For now, they should take their time and make sure they get two things right: security, and compensating users if there’s a hack. Then users will come naturally.
I believe most people don’t want to use domestic exchanges yet because they don’t trust them. I feel the same way—we all have to wait and see how they prove themselves.
This is our money, and it matters a lot. So if an exchange launches, take your time before using it. Don’t rush, everyone.
#bitcoin #btc $BTC
Whether the market goes up or down, I still buy Bitcoin at 6 a.m. every day.
Today marks day 410 of stacking, everyone.
As you can see, CAEX is currently the first exchange to meet Level 4 security standards and have enough capital—10 trillion VND—to be ready to operate. I’m also waiting to see when the exchanges will launch. Hopefully, as late as possible 🤣.
Domestic exchanges are being built in a rush. Their security technology and verification systems still need to be developed. They may be able to draw on technology exchanges and support from institutional players and other major exchanges, but there’s still a long way to go. And they need time to test everything and make sure it’s stable.
Personally, I don’t think exchanges should launch in a hurry. Rushing means things can be done carelessly and patched together, making them more likely to break or get hacked. For now, they should take their time and make sure they get two things right: security, and compensating users if there’s a hack. Then users will come naturally.
I believe most people don’t want to use domestic exchanges yet because they don’t trust them. I feel the same way—we all have to wait and see how they prove themselves.
This is our money, and it matters a lot. So if an exchange launches, take your time before using it. Don’t rush, everyone.
#bitcoin #btc $BTC