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 like having experts looking after the wallets outweigh the negatives as long as i have government that is not a dictatorship.
That makes sense if you've been dealing with those problems. And I think it's a decent choice for having that kind of trouble, and I guess that you're aware of what others from the forum might tell you about that. What I can learn from this is that it's a case-to-case basis and the preference that we have on how to keep ourselves in a better security. Time will come that the better option is going to come out based on the scenario and circumstances that we're facing.