🚨 YOUR MONEY CAN COME BACK. YOUR FACE CAN’T. 🔥
🇵🇾 PARAGUAY: nearly 3 million customers were left without access to their money after Ueno Bank’s collapse.
🏦 MERCADO PAGO: on November 6, it temporarily suspended cryptocurrency transfers.
🇯🇵 JAPAN: exchanges such as Zaif also halted crypto deposits and withdrawals.
💣 BUT THERE’S SOMETHING MUCH MORE UNSETTLING.
🔐 A password can be changed.
💳 A card can be replaced.
💰 Money can be recovered.
👁️ BUT YOUR FACE, YOUR FINGERPRINTS, AND YOUR BIOMETRIC IDENTITY CANNOT BE CHANGED.
In Paraguay, concerns are growing about who is safeguarding the biometric data given to Ueno. No breach has been confirmed, but questions remain unanswered.
⚠️ THE REAL RISK ISN’T JUST LOSING MONEY. IT’S LOSING CONTROL.
₿ Bitcoin was created with a radical idea: being able to transfer value without relying on an intermediary’s authorization.
What’s the point of having cryptocurrency if another company can stop you from withdrawing it?
#Bitcoin #SelfCustody #Crypto #Paraguay #BinanceSquare
🇵🇾 PARAGUAY: nearly 3 million customers were left without access to their money after Ueno Bank’s collapse.
🏦 MERCADO PAGO: on November 6, it temporarily suspended cryptocurrency transfers.
🇯🇵 JAPAN: exchanges such as Zaif also halted crypto deposits and withdrawals.
💣 BUT THERE’S SOMETHING MUCH MORE UNSETTLING.
🔐 A password can be changed.
💳 A card can be replaced.
💰 Money can be recovered.
👁️ BUT YOUR FACE, YOUR FINGERPRINTS, AND YOUR BIOMETRIC IDENTITY CANNOT BE CHANGED.
In Paraguay, concerns are growing about who is safeguarding the biometric data given to Ueno. No breach has been confirmed, but questions remain unanswered.
⚠️ THE REAL RISK ISN’T JUST LOSING MONEY. IT’S LOSING CONTROL.
₿ Bitcoin was created with a radical idea: being able to transfer value without relying on an intermediary’s authorization.
What’s the point of having cryptocurrency if another company can stop you from withdrawing it?
#Bitcoin #SelfCustody #Crypto #Paraguay #BinanceSquare
