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Sigh... No they didn't really. It's a typical legal mambo jumbo just to cover their asses.
They warn about the potential risks that YOU take when you invest into crypto.
They have a paragraph that gets thrown in about every new technology - basically just saying that they might not be able to keep up and so on and so forth. They do this all the time. It's really not that special.
Not true...
"I hate to rain on your parade, but as someone who is both a fan of cryptos and a professional equity investor...
Risk factors are mostly CYA stuff written by lawyers. They cover a bunch of random stuff in there so investor can't sue them. After you read a thousand of those, you'll realize this too. It doesn't indicate at all that this is threat to its business model.
The first one is actually about counter party risk -- ie the risk of their clients being idiots by betting big on cryptos and going belly up. Like if you lend $10K to your friend, who spent it on booze and then killed himself.
The second excerpt is standard language covering all emerging technologies. Every time new tech comes along, you need to spent money investigating and potentially implementing it. Nothing to see here.
[...]"
Good morning Bank of America. Here is a cup of coffee to help you wake up!
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This post has received a 2.14 % upvote from @boomerang thanks to: @uberfreelancer
This post has received a 1.02 % upvote from @drotto thanks to: @uberfreelancer.
You got a 9.09% upvote as a Recovery Shot from @isotonic, currently working as a funding tool, courtesy of @uberfreelancer!
@isotonic is the Bid Bot of the @runningproject community.
Earnings obtained by this bot, after paying to the delegators, are fully used to increase the SP of the @runningproject from which all affiliated members are benefited.
Check @runningproject posts in order to know further about.
Globalist shill r scared af
Sigh... No they didn't really. It's a typical legal mambo jumbo just to cover their asses.
They warn about the potential risks that YOU take when you invest into crypto.
They have a paragraph that gets thrown in about every new technology - basically just saying that they might not be able to keep up and so on and so forth. They do this all the time. It's really not that special.
Not true...
"I hate to rain on your parade, but as someone who is both a fan of cryptos and a professional equity investor...
Risk factors are mostly CYA stuff written by lawyers. They cover a bunch of random stuff in there so investor can't sue them. After you read a thousand of those, you'll realize this too. It doesn't indicate at all that this is threat to its business model.
The first one is actually about counter party risk -- ie the risk of their clients being idiots by betting big on cryptos and going belly up. Like if you lend $10K to your friend, who spent it on booze and then killed himself.
The second excerpt is standard language covering all emerging technologies. Every time new tech comes along, you need to spent money investigating and potentially implementing it. Nothing to see here.
[...]"
Read more here: https://www.reddit.com/r/CryptoCurrency/comments/7zp1t4/youll_never_understand_how_incredibly_freaking/
You got a 0.83% upvote from @mercurybot courtesy of @uberfreelancer!