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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 tekknik on Friday May 13, 2022 @01:12AM (#31363584)
Then you have some false sense of security and clearly aren’t holding any real value in this wallet.
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Re:Coinbase warns that bankruptcy could wipe out user funds by azinman2 on Friday May 13, 2022 @02:56AM (#31364236)
Real value is all relative.

It's all about ones personal trade offs. I have more faith in cryptography in a software world with backups than I do in a random hardware device with a maker that's unlikely to last the test of time.

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Re:Coinbase warns that bankruptcy could wipe out user funds by tekknik on Friday May 13, 2022 @11:09AM (#31368648)
Oh I’m right there with you on hardware wallets, I’m just pointing out that your software based wallets are very vulnerable. The only safe key is one that nobody can retrieve.
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