Post
Topic
Board Bitcoin Discussion
Re: UK government friezes £6million of crypto in the last 6 months.
by
Wexnident
on 31/03/2025, 16:52:04 UTC
If i would have millions in crypto, frankly i would see Coinbase as excellent centralized option. It would be way safer then anything i could provide, and i wouldn't need to lose any sleep over losing my private key.
So even after this news, do you think that you still see them as an excellent choice for your option?
Personally? If I wasn't involved in any crime then yeah. I reckon you can take it to court anyway? Granted it'd probably take years but if your assets can be traced back really cleanly then I don't think there's going to be much issue. Heck, if you were trying to hide the transaction line in the first place then I don't think you'd be using a centralized option anyway.

Honestly would just do secure wallets. They ain't that hard to do lol but if people prefer comfort and automation more than security then I got nothing to say to them.