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A comment on Coinbase: The Heart of the Bitcoin Frenzy. Parent comment

Re:Coinbase: The Heart of the Bitcoin Frenzy by Frogolocalypse on Wednesday December 06, 2017 @11:22PM (#15867605)
Let's just store all of our money with the government then, eh?
[ Parent | on HN ]
Re:Coinbase: The Heart of the Bitcoin Frenzy by UncleMeat on Thursday December 07, 2017 @12:53AM (#15867921)
With a bank, yeah. Even as somebody who is savvy specifically in security I trust a bank to keep my savings safe more than I trust myself.

Threat models and risk balancing are important.

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Re:Coinbase: The Heart of the Bitcoin Frenzy by chrisco255 on Thursday December 07, 2017 @01:14AM (#15868024)
Banks are basically just retail fronts for the Federal Reserve anyway. And IRS has such tight hooks into the banking system...all they have to do is snap their fingers to freeze your account.
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