So you think Coinbase is a possible attack vector / growing risk for the market? Or just the problem not your keys?
Maybe it’s because nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqpzfmhxue69uhkummnw3ezua3sdshxjmcpzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7szeqenj, $trategy and BlackRock haven’t realized the following, nostr:nprofile1qqs8cajagp7n48275ytuhzuxn93g2crc0lqgfgx8dta2gjdlh5fpmpqppemhxue69uhkummn9ekx7mp0qyghwumn8ghj7mn0wd68ytnhd9hx2tc9e972w:
1. A Coinbase IOU ≠ Bitcoin
2. "Not your keys. Not your coins"
3. "Your bitcoin having a custodian is like your girlfriend having a boyfriend"
But BTC/USD, $MSTR and $IBIT are trading around the claims that:
- $trategy got 671,268 BTC at Coinbase
- $IBIT got ₿ 772,584 BTC at Coinbase
- The black box Coinbase haven't been hacked, even though Coinbase went down two times in ~8 days in October (when Amazon Web Services broke 1/3 of the internet)
What’s your insights into this matter nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpp4mhxue69uhkummn9ekx7mqcgpfcr?
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