Damus
Johnny · 1w
Bitcoin has a self-custody problem that nobody wanted to admit. For years the advice to normal people has basically been: “Not your keys, not your coins.” “Buy a hardware wallet.” “Self-cu...
Financial Parasites profile picture
How does coinbase holds bitcoin? A single shitty company doesn’t make self custody bad.
Also bitcoin only companies and maxis are scammers.
Self custody is still simple. You just have to ignore all the fuckin influencers in bitcoin.
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Johnny · 1w
nostr:nprofile1qqs94369xt3rkatnlrm0xfy0u5t5czmjxzhvpdjncrkg7yw4gqsfl4ce47u0z coinbase keeps most customer bitcoin in cold storage it controls and a smaller share in hot wallets for withdrawals. what you hold is a claim against the company, which is what decides your position in a freeze or a bankrup...