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A comment on Coinbase's 10-Q update: users' crypto asset could be subject to bankruptcy claim. Parent comment

Re:Coinbase's 10-Q update: users' crypto asset could be subj... by omegalulw on Wednesday May 11, 2022 @02:16AM (#31336404)
It's weird because this is violating a fundamental principle that people generally associate with crypto: if you know the keys, you own the crypto. At least this is the case for Bitcoin.
[ Parent | on HN ]
Re:Coinbase's 10-Q update: users' crypto asset could be subj... by xiphias2 on Wednesday May 11, 2022 @02:33AM (#31336495)
It doesn't: coinbase owns the keys, so they own your crypto.
[ Parent | on HN ]
Re:Coinbase's 10-Q update: users' crypto asset could be subj... by thawaya3113 on Wednesday May 11, 2022 @04:45AM (#31337382)
Now let’s put that in the Coinbase marketing and see what happens…

“Invest in Crypto, by giving us $100 with which we will buy $100 worth of BTC that we own.”

How is that not weird and who would follow a QR code on their TV ago “Invest in crypto” if this was at the top of the page they opened?

[ Parent | on HN ]