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Joined 5 years ago
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Cake day: October 16th, 2019

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  • If you deposit BTC to a centralised exchange they display your balance but they don’t necessarily have to keep that BTC. They may have users that have a total balance of 1 million BTC but only hold 500 K BTC in their wallets due to hacks or other bad decisions they have made. If you had the BTC in your wallet with your own keys the balance will show what you have with no risk of deceit.