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A comment on Coinbase is down. Parent comment

Re:Coinbase is down by thephyber on Monday June 12, 2017 @03:27PM (#14540245)
> Why would anyone carry balances in wallets outside their immediate, local control?

To be able to exchange it to a non-crypto currency.

[ Parent | on HN ]
Re:Coinbase is down by FabHK on Monday June 12, 2017 @03:46PM (#14540429)
That. And do it fast, and cheap. Sure, you can keep it in your own wallet, but then you have to wait half an hour and pay > 5$ extra for every round-trip into fiat.
[ Parent | on HN ]