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A comment on At the Bored Ape restaurant, your ApeCoin is no good now. Parent comment

Re:At the Bored Ape restaurant, your ApeCoin is no good now by adrr on Friday June 24, 2022 @06:23PM (#31870254)
I wonder what percentage of the crypto population has wallets compared to having all their crypto on an exchange. I don’t know anyone with a wallet.
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Re:At the Bored Ape restaurant, your ApeCoin is no good now by serf on Friday June 24, 2022 @06:30PM (#31870321)
having all of your currency on an exchange, regardless of the currency, has never been a good idea.

(signed a MtGox victim.)

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Re:At the Bored Ape restaurant, your ApeCoin is no good now by hnthrow1010 on Friday June 24, 2022 @06:40PM (#31870413)
The problem with that is, these networks are rather convoluted and are basically unusable for most people without relying on exchanges or other similar services.
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Re:At the Bored Ape restaurant, your ApeCoin is no good now by dwild on Saturday June 25, 2022 @11:59AM (#31876290)
It's no different than doing it over an exchange... The same fields are available on an application wallets and on an exchange. There's nothing convoluted there.
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Re:At the Bored Ape restaurant, your ApeCoin is no good now by colinsane on Friday June 24, 2022 @06:38PM (#31870400)
> if the people in the vanguard of this movement can't figure this out

the people “in the vanguard of [the cryptocurrency] movement” absolutely use non-custodial wallets (SW or HW). the part of this story where “the vanguard” is using custodial wallets is the least believable.

the average speculator, sure — they’ll go with whatever’s easiest for them, which is probably to keep their crypto on the exchange. “vanguard” users? lmao.

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