Coinbase Bitcoin Hack Coming?odysee.com/@TraderUniversity:a/coinbase-bitcoin-hack-coming:f?r=8T2xqWjtafHWYGxQBSsrbw1wQPm7sWRq
338 sats \ 9 comments \ @Undisciplined 18 Sep bitcoin
From Matthew Kratter's Bitcoin University
Video Description
In this video, I discuss the many different ways that the giant honeypot of BTC at Coinbase could become lost, stolen, or compromised-- and the resulting effects on the Bitcoin ecosystem, including MicroStrategy and the US spot Bitcoin ETFs.
The best mitigations are:
  1. Withdraw your BTC from Coinbase to a hardware wallet like the Coldcard
  2. Encourage US regulators to allow more banks to custody BTC
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40 sats \ 2 replies \ @DarthCoin 18 Sep
How many times I have to post this warning? #78930
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0 sats \ 1 reply \ @Undisciplined OP 18 Sep
Do you think people should stop making additional warnings?
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31 sats \ 0 replies \ @DarthCoin 18 Sep
No. More CONbase warning is good.
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28 sats \ 1 reply \ @grayruby 18 Sep
Something is going to happen with Coinbase. Not sure what it will be or when but I am highly skeptical of that company. I never recommend Coinbase to anyone. Had an account with them for years and they were my primary source for purchasing Bitcoin for awhile. Had accumulated quite a few sats in that account but withdrew it all and cancelled my account 3 years ago.
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40 sats \ 0 replies \ @Undisciplined OP 18 Sep
They seem the most likely, but I definitely expect one of these huge troves of bitcoin to be lost, one way or another.
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24 sats \ 2 replies \ @LowK3y19 18 Sep
This would send me back to the Stone Age if all my BTC was gone from Coinbase
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0 sats \ 0 replies \ @grayruby 18 Sep
If that is the case you should probably at least get the majority of your sats off Coinbase.
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0 sats \ 0 replies \ @Undisciplined OP 18 Sep
Me too. ;)
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0 sats \ 0 replies \ @Satosora 18 Sep
Not your keys, not your coins. Knowledge to live by.
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