InevitableSwing [none/use name] to chapotraphouse • 3 years agoThe Coinbase crypto exchange is warning that bankruptcy could wipe out user funds.external-linkmessage-square56 fedilinkarrow-up174
arrow-up174external-linkThe Coinbase crypto exchange is warning that bankruptcy could wipe out user funds.InevitableSwing [none/use name] to chapotraphouse • 3 years agomessage-square56 Commentsfedilink
minus-squarecaptcha [any]hexbear4·3 years agoWell technically I think coinbase can email the users their wallets. Its just a big encrypted file containing more encrypted numbers. But they probably won't and most coinbase users wouldn't know what to do with the wallets. link
minus-squareToastGhost [he/him]hexbear5·3 years agocryptobros: its decentralized and thus freedom and the future of money 99% of users: hand over their wallet to centralized authority link
but its totally decentralized dont worry
Well technically I think coinbase can email the users their wallets. Its just a big encrypted file containing more encrypted numbers. But they probably won't and most coinbase users wouldn't know what to do with the wallets.
cryptobros: its decentralized and thus freedom and the future of money
99% of users: hand over their wallet to centralized authority