Replying to Avatar Bitcoin Wizard 🧙🏻‍♂️

When Coinbase ever gets hacked, this industry is going into an economic depression of its own:

- All the BTC held in the ETFs gone

- All of $MSTR BTC gone

- BTC held by Public companies gone

- BTC held by US Mining companies gone

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calvadev⚡️ 1y ago

A hack isn't even the biggest concern; a 6102 attack is so easily executed through an asset seizure on Coinbase, which would be trivial for the government to do. Not your keys, NOT your coins.

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Tim Bouma 1y ago

All it takes is one executive order. We learned that the hard way in Canada. Eventually struck down in court, but the point was made.

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Jose Sammut 1y ago

The CIA would compromise people before they 6102. Capital markets is all the US has left.