Could the rise in the use of hardware wallets be associated with the set-backs being experienced with centralized exchanges lately? Say Coinbase as an example.
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Could the rise in the use of hardware wallets be associated with the set-backs being experienced with centralized exchanges lately? Say Coinbase as an example.
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Yes, definitely that's the case mate. Coinbase is doing okay as far as I know. But this is crypto and anything can happen to a centralized entity. When they get screwed, all their customers get screwed.
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Yeah. Centralized entities place themselves as custodians of people's assets and whatever happens to them, hurts all.
For Coinbase, they were having significant drops in value few weeks ago, and about a month or so, there were reports of significant layoffs, high, it's a big company, those weren't alarming as the media made it seem. A quick analysis few minutes before this comment showed they're going just alright.