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LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1)'s status on Tuesday, 10-Mar-2020 02:32:50 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} https://finance.yahoo.com/news/hacking-coinbase-great-bitcoin-bank-103035588.html [finance yahoo com]
Article is from 2017, but it still points to some of the reasons why I have refused to open a #cryptocurrency exchange account. The price volatility attracts gamblers and thieves like blood in the water attracts sharks. The lack of controls and regulation means that even traditional consumer & investment banks are safer.
(Still, no one's guaranteeing that funds siphoned from a connected bank account will be replaced.)
#BTC #BCC #ETH