3 ms·
coinbase already FDIC insures USD holdings, and 3rd party insures crypto holdings. risk variability is already organically controllable, and can be observed in
by elif 9y ago
coinbase already FDIC insures USD holdings, and 3rd party insures crypto holdings.
risk variability is already organically controllable, and can be observed in the disparity of price movement between different exchanges (gdax is always lagged/dampened)
- root_axis 9y ago> coinbase already FDIC insures USD holdings Which is totally irrelevant to the cryptocurrency. > 3rd party insures crypto holdings. Yes, approximately 2% of their crypto holdings, so effectively nothing from the perspective of a customer who loses funds if their cold wallets are attacked.