Public Service Announcement
Bittrex one of the first US Based Crypto Exchanges to Close Down
They Are NOT Insolvent - It is a Business Decision
I Was Able to Withdraw All of My Remaining Funds
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Strong Rumor is That Coinbase Will Cease Operations in The United States As Well
My Fear is That If a Market Cannot Exist in the US It is Likely to Fail Worldwide as We Are Still the World's Largest Economy
IMO The Deep State Thru the SEC/Biden Admin Will Make It Impossible For Any US Exchange to Exist
If You Are a US Citizen You Cannot Trade on the World Exchanges Outside the US
How Will This Effect The US and US Economy
Think of It This Way - Why Have We Had the Best Economy?
Because We Have ALWAYS Been Leading Innovators - Think About We've Always Been First to Market In:
Automobiles/Manufacturing/Aerospace/Telecom/Computers/Chips/The Internet/Audio/Visual/Medicine/Energy/Nano
The List Goes On and On
But Now All the Technology That is the Next Great Revolution That Comes From Crypto Companies Like ADA HBAR & Many Others Will Be Forced to Move Off-Shore
They Don't Want Competition for the USD - They Will Create Their Own CBDC for Evil
What Changed?
Sam Bankman Fried Thru His Incompetence and Greed Ended The Cabal's/Libs Use of Crypto to Launder Money
Thus They Have to Destroy The Evidence
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Anyway the Above is My Opinion
But The Fact is Get Your Money While You Can and You Only Have Another 3 Days Out of Bittrex
And Be Prepared to Possibly Do the Same for Coinbase and Any Other US Based Crypto Exchange
Except BTC is doing well. Billions in USD being shifted from US Banks to BTC and PM's.
American Depositors are not stupid. They are finding work arounds.
'Most vulnerable' U.S. banks lost $1 trillion in deposits in a year -JPMorgan
JPMorgan Chase & Co analysts estimate that the "most vulnerable" U.S. banks are likely to have lost a total of about $1 trillion in deposits since last year, with half of the outflows occurring in March following the collapse of Silicon Valley Bank.www.reuters.com