Repeat it with me:
Not
Your
Keys
Not
Your
Coins.
Repeat it 1million times!
There is so much left to do out there as educators and orange pillers.
Those are not Coinbase's funds. Those are Coinbase customer's funds!
1) We really don't know how accurate that number is.
2) If it is, how many of those coins belong to 'people' and how many belong to 'institutions'
3) Yes, not your keys not your coins.
4) Still not your keys not your coins
5) Coinbase also partners with people doing the back end work. So how much of that number, once again if accurate, are from people or businesses that don't even know they are dealing with Coinbase.
-Dave