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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 cnelsenmilt on Wednesday May 11, 2022 @11:19AM (#31341259)
This and also arguably 70 year old moms are probably just fine at "don't lose this crucial piece of paper" given stuff like social security cards, birth certificates, savings bonds, and all the other bits that have been important pieces of paper for most of their lives.
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Re:Coinbase warns that bankruptcy could wipe out user funds by mbesto on Thursday May 12, 2022 @12:21PM (#31356297)
> social security cards, birth certificates

These can be reissued: https://www.usa.gov/replace-vital-documents

Crypto on the other hand is just like "you're screwed, go scour the landfill for your hard drive".

Also, isn't the promise of crypto/defi that it's supposed to NOT be like those archaic systems (SSN, birth certs, etc.)?!

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