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That's the moral of the story - but a lot of people don't I still haven't convinced my own brother that he needs to move his coins off-market - he said he'll "
by nikcub 9y ago
That's the moral of the story - but a lot of people don't
I still haven't convinced my own brother that he needs to move his coins off-market - he said he'll "get around to it at some point"
Also have tech friends who keep coins in Coinbase/Coinbase Vault
- BinaryIdiot 9y agoIt's hard to ignore how handy it is when someone else holds your money. When my bank holds my money I can send it to anywhere from any place. Using a crypto wallet I now have this file I have to somehow keep safe and with me at all times. What happens when or if it gets stolen? Like cash it's gone. So I understand why people do it. Ease of use typically outshines most security issues. Someone needs to figure out how to strike a better balance.
- nicky0 9y agoKeep a paper or electronic backup at home and/or another safe place. Also your should protect mobile/app wallet with a passphrase so it is safe if you lose it.