Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: UK government friezes £6million of crypto in the last 6 months.
by
o48o
on 01/04/2025, 19:28:25 UTC
⭐ Merited by NotFuzzyWarm (1)
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?
After what exactly? Legal restrictions? You do understand those AML laws apply to stocks and money already? I am happy to keep money in stocks and commodities on other regulated financial institutions, and sleep way better then keeping some cryptos in my personal wallet. I have been storing lower amounts in CEXes, so i am not sure why would i change my limit on that exactly.

I am constantly losing my keys, papers and socks, and i am extra nervous about cyber security threats, so yeah, i feel like positives outweigh the negatives as long as i am side of the government.