They say nobody will need to hold more than a few dollars in btc on their platform to use it and therefore dont care about security. I know nothing about the investment side of it though.
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They say nobody will need to hold more than a few dollars in btc on their platform to use it and therefore dont care about security. I know nothing about the investment side of it though.
10000 wallets with $5 worth of btc in each wallet on a centralized service is NOT secure, because it's not on a blockchain. Coinbase is centralized, and I dont trust coiunbase is safe. I keep my bitcoin on Gemini exchange because it's regulated and insured, I dont trust myself with a hardware wallet
also whatever software they intend to use for all those bitcoin wallets and transfers should be made open source, so bitcoiners dont have to ask for more details, but he did not say anything about open source, that's the first thing he should have said.. he shady as fuck
he is famous for engaging in illegal activities, I used megaupload, nothing about that service was legit