bottlepalm

58 ms·

1. 1051.▲
   by bottlepalm 4y ago

   Because there's risk in keeping it yourself. Either you lose the keys or you get hacked and they're stolen. The insurance situation is the same either way.
2. 1052.▲
   by bottlepalm 4y ago

   Fed gov doesn't guarantee your wallet if you lose it.
3. 1053.▲
   by bottlepalm 4y ago

   A crypto wallet isn't 'insured' either so this point doesn't matter.
4. 1054.▲
   by bottlepalm 4y ago

   By this logic you shouldn't put your money in a bank either. (I'm not justifying Celsius, just saying there are plenty of 'bank' like places to store your crypto)