Ehh, lots of people put money there they really can't lose, such as savings for ... | Hacker News

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		bagacrap on March 29, 2023 \| parent \| context \| favorite \| on: Binance sees $2B in outflows as troubles compound Ehh, lots of people put money there they really can't lose, such as savings for a house down payment. Financial literacy is very rare. I would say that at least any Americans who lose money there "deserve" what's coming to them since binance was banned in the US.

xwdv on March 29, 2023 [–]

Meh, anyone who’s saving for a house down payment wouldn’t be putting their money into a speculative asset. They knew exactly what they were doing.

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