What happens if a company or exchange collapses?

[heavenlyboy34]

With cryptocurrencies you have to accept full 100% responsibility for your own assets. Imagine that. Having to accept personal responsibility for something in this day and age. People aren't used to that, even in the so-called "liberty movement."

+1 The weirdest thing about the fear pr0n I see being peddled about crytpo could almost exactly be said of FRNs that are held in accounts of various types. They're all just numbers in computers nowadays. I don't even own any crypto yet-I can just see that the haters have terrible arguments.

[devil21]

+1 The weirdest thing about the fear pr0n I see being peddled about crytpo could almost exactly be said of FRNs that are held in accounts of various types. They're all just numbers in computers nowadays. I don't even own any crypto yet-I can just see that the haters have terrible arguments.

$#@! all that sound money bull$#@!, right? That's soooo 10 years ago. Digital chip implants is where it's at now, bro!

[PRB]

Say I use Bitstamp to buy a crypto and tomorrow they go bankrupt.

Do I lose my investment?

And the Korean exchange that recently collapsed, how did that affect investors?

what happens when a bank collapses? what they hold for you can be gone, so assume it will be. Yay for lack of regulation!!