"Too big to fail" does not exist for Coinbase or any other company in the cryptosphere. If you keep your decentralized currency on a centralized exchange and you lose it, it is your own fault.
This subreddit has been riddled with warning after warning and yet people are still *shocked*, somehow, when a large exchange or stablecoin goes belly up and their funds are locked or liquidated. In terms of stablecoins failing, cant do much about that. In terms of where you keep your decentralized currency, that is absolutely your choice. So before any other exchange falls, understand that by not moving your coins and allowing a centralized company to "hold" them for you, you are consciously accepting the potential loss of said currency. I know that we all heard about this, but I wanted to leave a reminder of whats possible... An excerpt From Coinbases own quarterly report that ended March 31, 2022. [https://imgur.com/a/nJ4ulrO](https://imgur.com/a/nJ4ulrO) This is NOT a "be careful with Coinbase" post, its a "be careful with ANY centralized exchange" post. I only mention Coinbase because its big but it is not too big to fail.
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Trading in spot markets is one of the most common ways for people to trade, especially beginners. Let’s run through the advantages, disadvantages, and potential strategies for spot trading. https://t.co/f1Ks0SfXN1
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Trololo's 2014 logarithmic regression is the first bitcoin prediction model I know. Does anybody know an earlier (quantitative) model? https://t.co/qv7KFF8Jor
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Ripple has spent ‘over $100 million on legal fees fighting SEC’, the CEO says
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The story of Vitalik Buterin is absolutely insane. Emigrated from Russia, created Ethereum at 19, raised $18M for it, lost over $60M after a hack, and managed to take it where it is today.
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Sounds like there may be more mining regulations from the EU
As US Dem Senators ask for more rules for btc miners, EU may see more regulations too: [https://capital.com/crypto-regulation--eu-mep--pretty-sure--that-proof-of-work-rules-will-be-tightened](https://capital.com/crypto-regulation--eu-mep--pretty-sure--that-proof-of-work-rules-will-be-tightened) Crypto regulation: EU MEP ‘pretty sure’ that proof-of-work rules will be tightened
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Not only is @andrewschulz hilarious, but he also hates censorship. The streaming platforms told him to edit his new special, but he refused. Now he’s bringing it straight to the people. Go get it today: https://t.co/fKSPcZ4dIY https://t.co/GUtfWix7oQ
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Never believe your own bullshit
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When I sent BTC to my Trezor one, I noticed I've been hitting fresh address whenever I go to get the address. Is this better than using the same one?
On Kraken it goes to the same wallet as it saves your withdrawal wallet, but I was trying out Gemini and you have to enter an address for each withdrawal so I was generating fresh ones. What's the upside/downside to this?
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Most people will lose their money because they lack the skill to evaluate what they are doing, but also because they are greedy and want that dream lifestyle tomorrow instead of 5 years from now. It's a grind. Work your ass off. Stop screaming on the internet. Start working.
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$ETH 4H looks like pre-tower
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The 2014 Bitcoin Rainbow Chart still holding strong. 🌈 Extremely Undervalued range. 👇 https://t.co/zr9MiEgYb6
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