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A comment on Coinbase warns that bankruptcy could wipe out user funds. Parent comment

Re:Coinbase warns that bankruptcy could wipe out user funds by illegalsmile on Wednesday May 11, 2022 @10:18AM (#31340323)
If you only hold bitcoin that wallet would work, another popular one is electrum. If you want to store multiple coins in one application then Exodus or Atomic would be two good choices. You're looking for a non-custodial wallet and as always, protect your keys to protect your coins, you are the bank at this point.
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Re:Coinbase warns that bankruptcy could wipe out user funds by CyanDeparture on Wednesday May 11, 2022 @10:22AM (#31340373)
It's just bitcoin I'm storing, is that one I've linked to above a non-custodial wallet or a custodial wallet?
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Re:Coinbase warns that bankruptcy could wipe out user funds by bitxbitxbitcoin on Wednesday May 11, 2022 @10:44AM (#31340687)
A custodial wallet. The original custodial wallet, in fact.
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Re:Coinbase warns that bankruptcy could wipe out user funds by lawn on Wednesday May 11, 2022 @11:11AM (#31341129)
The correct term is non-custodial.

A custodial wallet means someone else holds your keys, but a non-custodial wallet lets you hold them yourself (which Bitcoin Core does).

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Re:Coinbase warns that bankruptcy could wipe out user funds by bitxbitxbitcoin on Wednesday May 11, 2022 @06:40PM (#31346863)
Thanks for that. Brain fart!
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