top | item 34323261

(no title)

ls15 | 3 years ago

That's not the point. Everyone knows that crypto is full of scams and everyone tells you that you are supposed to hold your own keys instead of leaving coins on an exchange. Almost nobody tells you that keeping coins on an exchange is good practice.

discuss

order

comte7092|3 years ago

The average person has no idea what you’re talking about when you say you have to hold your own keys, and would be absolutely screwed if/when they lost them.

Getting locked out of your own crypto wallet is a much more significant threat than government seizure for 99% of the global population.

tsimionescu|3 years ago

And yet, there are many times over more people using exchanges than holding their own wallets. I don't really care about crypto-in-principle, when crypto-in-practice is anything but safe.