Row 41905

Row ID: 41905 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 41905 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I wish Coinbase wasn't absurdly greedy by rehypothecating user funds. If they actually had the best interest of their customers in mind, they would go out of their way to make sure people know how to self custody their BTC. Its fucked, cuz if you have $250,000 stolen from your bank account, FDIC replaces it. But there isn't a goddamn thing insurance can do about stolen BTC. If you know how to properly store 12 words, then NO ONE can steal your BTC. Theres SIGNIFICANTLY more 12-word seed phrases than atoms in the Milky Way Galaxy. On the other hand, there's only a small handful of steps to hack into someone's crypto exchange account. Given those are a difficult handful of steps, compared to the 5,148,978,970,000,000,000,000,000,000,000,000,000,000 possible 12-word seed phrases, I think self custody might be the safer route, but im not a mathematician, so yeah...

"NOT YOUR KEYS. NOT YOUR COINS."

Sorry for your friends loss.

FieldValue
text I wish Coinbase wasn't absurdly greedy by rehypothecating user funds. If they actually had the best interest of their customers in mind, they would go out of their way to make sure people know how to self custody their BTC. Its fucked, cuz if you have $250,000 stolen from your bank account, FDIC replaces it. But there isn't a goddamn thing insurance can do about stolen BTC. If you know how to properly store 12 words, then NO ONE can steal your BTC. Theres SIGNIFICANTLY more 12-word seed phrases…
label r/bitcoin
dataType comment
communityName r/Bitcoin
datetime 2024-05-22
username_encoded Z0FBQUFBQm5Lak1ObGxmN3kydG1Cek02V2RMRHlPUDJRMHpPd3lRbFVNVXBodU85VHdISkJFYk5uS2dqUEJBeklzTldia214UVV2bmlnQWp6VXEzeVVfcG5pdWtaOHM0M1E9PQ==
url_encoded Z0FBQUFBQm5Lak9jMHFnOU1TWnNZQUJQYU01VlFubE9YdWhSUmplUEllRm51UkVPMC1pM2dDdVVSaVBZMzd2UmZoRUd3NTVVQTYweVRDSE9mRDRpMUo4WnFmVDczRmJPWnZHYnMzbVl2Q0xEVWRtYXM0bTJYT2dORnhDOGZUZzhmd1c4d2hCSzI5bmRONXN6QzZIWThacFJqODBjZ2h2RTVLcHBlOU5rdWVyeHBZQVBPNDMtcldIY0tDTTBmYmd3UFhPSGIzUDlJcUgw

Raw Record

{
  "text": "I wish Coinbase wasn't absurdly greedy by rehypothecating user funds. If they actually had the best interest of their customers in mind, they would go out of their way to make sure people know how to self custody their BTC. Its fucked, cuz if you have  $250,000 stolen from your bank account, FDIC replaces it. But there isn't a goddamn thing insurance can do about stolen BTC. If you know how to properly store 12 words, then NO ONE can steal your BTC. Theres SIGNIFICANTLY more 12-word seed phrases than atoms in the Milky Way Galaxy. On the other hand, there's only a small handful of steps to hack into someone's crypto exchange account. Given those are a difficult handful of steps, compared to the 5,148,978,970,000,000,000,000,000,000,000,000,000,000 possible 12-word seed phrases, I think self custody might be the safer route, but im not a mathematician, so yeah...\n\n\"NOT YOUR KEYS. NOT YOUR COINS.\"\n\n\nSorry for your friends loss.",
  "label": "r/bitcoin",
  "dataType": "comment",
  "communityName": "r/Bitcoin",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1ObGxmN3kydG1Cek02V2RMRHlPUDJRMHpPd3lRbFVNVXBodU85VHdISkJFYk5uS2dqUEJBeklzTldia214UVV2bmlnQWp6VXEzeVVfcG5pdWtaOHM0M1E9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9jMHFnOU1TWnNZQUJQYU01VlFubE9YdWhSUmplUEllRm51UkVPMC1pM2dDdVVSaVBZMzd2UmZoRUd3NTVVQTYweVRDSE9mRDRpMUo4WnFmVDczRmJPWnZHYnMzbVl2Q0xEVWRtYXM0bTJYT2dORnhDOGZUZzhmd1c4d2hCSzI5bmRONXN6QzZIWThacFJqODBjZ2h2RTVLcHBlOU5rdWVyeHBZQVBPNDMtcldIY0tDTTBmYmd3UFhPSGIzUDlJcUgw"
}
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