The people who live in Texas are completely and utterly shocked every time the temperature goes below 40F. Even though there is some kind of "winter" weather almost every winter, none of the houses or commercial buildings have insulation on any of the pipes. A lot of high traffic roadways are elevated and banked making them completely unusable if someone so much as spills a coffee on them, let alone having ice or even just rain on them. "Winterizing" is just not a thing. It is always deemed too expensive. Then disaster strikes, everyone freaks out, then forgets about it in a few months because the temp in the summers stays well north of 100F for weeks at a time. OF COURSE they haven't learned. It goes against human nature to think more than a few months ahead when the state "rainy day fund" is at stake.

But depending on the setup, often you just cant "sell the one thing at another exchange which you bought earlier at a different exchange", sure this depends on the country/etc.