Quote:
Originally Posted by ithos
But they are risky assets. You don't have anything equivalent to an FDIC for a custodian. You might be able to sue them but good luck with that. What happens if you lose your keys?
Coinbase not safe. I was Hacked and lost money when the BTC left Coinbase Wallet with out my permission. I lost all my money
https://www.reddit.com/r/CoinBase/co...nd_lost_money/ |
There are no keys if you own IBIT. It’s an EFT that holds bitcoin. I personally would never own bitcoin on my own.
And yes they are risky but then so are stocks, bonds, real estate, etc.