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In practice, what potion of people store and manage their own wallet on their own hardware? Isn’t that usage pattern extremely rare? If so, what’s the differenc
by AlexandrB 5y ago
In practice, what potion of people store and manage their own wallet on their own hardware? Isn’t that usage pattern extremely rare? If so, what’s the difference between having a bank account and a Coinbase (or other exchange) account?
- cdiddy2 5y agowell according to this https://www.statista.com/statistics/1011424/el-salvador-bank-account-ownership-rate-type/ https://www.statista.com/statistics/1011424/el-salvador-bank... only 30% of adults have a bank account to begin with. Probably a lot easier to setup a bitcoin wallet
- NaturalPhallacy 5y agoIt's absolutely easier. It just requires a computer connected to the internet. There are billions of those. A bank account requires all kinds of state sanctioned proof which subjects you to authoritarian monitoring, which is by desing.