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685 points jclarkcom | 1 comments | | HN request time: 0.3s | source
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jrm4 ◴[] No.45948569[source]
FWIW, this is why "not your keys, not your coins."

Coinbase is good for on-ramping, bad for storage. You know, the entire point of cryptocurrency.

replies(2): >>45948857 #>>45948925 #
1. jclarkcom ◴[] No.45948925[source]
True - but be very careful. Roughly 10–18% of all BTC are believed gone forever due to lost keys/wallets. That is more than all hacks and exchange blowups combined. If you take your wallet offline it can be hard not to lose your keys over a long period of time, including across death to your next of kin.