Coinbase the most anti-Bitcoin organisation. Make #DeleteCoinbase great again

[fillippone]

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!

[1714492185]

1714492185

[1714492185]

1714492185

[DaveF]

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

[MusaMohamed]

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!

I hope their customers will use non custodial wallets and avoid storing bitcoins in online accounts.

Reminder: do not keep your money in online accounts

I hope that Coinbase will not have such bugs to cause Bitcoin drops from $30,000 to few cents like in 2017 Ethereum had such a drop.

Ethereum briefly crashed from $319 to 10 cents in seconds on one exchange after ‘multimillion dollar’ trade

It used to be Coinbase exchange, rebranded to GDAX, and rebranded again to Coinbase Pro. [1]

[1] https://www.investopedia.com/terms/g/gdax.asp

[Moreno233]

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!

That means if anything happens to Coinbase, we gonna go back to the dark days of Mt.Gox. I don't really want Bitcoin critics to be right .

Sometimes I do wonder how long it's gonna take for people to learn! Does it mean people don't look at history? The case of FTX would have been enough to make people understand the dangers of storing their fortune in another persons house.

There is so much left to do out there as educators and orange pillers.

Even when I agree with you that there is so much work to do in educating people, there is still the possibility that many of the people that have those funds are well aware of the dangers of storing their funds there but chose to be adamant.

[bbc.reporter]

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!

I very much agree! However, what type of customers? Small minnows' and retail investors? I reckon small minnows might own only a small percentage of those funds in Coinbase. They might also be being used as a custody provider for institutional investors.

[Troytech]

The thing about this big companies like coinbase is just how there look so good in the front and have bad plans, who would have thought that they had plans on Cooperating with the US government. You give them your trust they break it, you keep your coin with them your at risk, and what hurts the most is that many big exchanges have failed in the past and people still trust this bunch of business men that think all about themselves, just see the numbers of bitcoin they are holding with such little safety for the users, and despite all the warnings people still see the red flags and they don't move back. I'm beginning to wonder is any of them have read about the disadvantages of keeping your assets in these exchanges 😒