3 ms·
>If I have a hardware wallet, I'm essentially betting that I am better at opsec than coinbase, a >$1billion company who devotes a non-trivial amount of resource
by gozur88 9y ago
>If I have a hardware wallet, I'm essentially betting that I am better at opsec than coinbase, a >$1billion company who devotes a non-trivial amount of resources to opsec.
I'm sure people who were using Mt Gox felt the same way.
Part of the equation is you're betting you place your own interests at a higher priority than the people who run Coinbase. Which is almost certainly true.
- chrisco255 9y agoCoinbase is U.S. based, insured and licensed. Very different from Mt. Gox, which started as a trading depot for Magic: The Gathering cards. https://support.coinbase.com/customer/en/portal/topics/794360-security/articles https://support.coinbase.com/customer/en/portal/topics/79436...
- Nition 9y agoThat and a hacker is much more likely to target a major coin exchange worth millions of dollars than you, random person with 0.5 bitcoin.