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What are you talking about? Coinbase proudly explained their internal safety precautions, explaining that most of their coins are stored in a cold wallet, not h
by mrb 14y ago
What are you talking about? Coinbase proudly explained their internal safety precautions, explaining that most of their coins are stored in a cold wallet, not hot wallet.
- redegg 14y agoI should have stated I don't trust my coins in the hands of others. Bitcoin, unlike other currencies are irreversible. You have one, and only one chance to keep them safe. I rather be content with the loss of Bitcoins in my possession, _knowing it was my fault_, than losing them to a thief holding Coinbase's staff at gunpoint for the offline wallet's private keys.