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@ DRE
2025-04-24 17:45:40
Some will always think Coinbase will rug any day. That aside, they use other custodians. Even if Coinbase goes down and they has 1/3 or 1/2 of the bitcoin there they will still have over 1% of the whole network.
Many need to recognize Coinbase (a US publicly traded company) is not mount gox
The biggest concern is them getting so big the government takes them over. I don’t think that will happen, but I would be more afraid of that than Coinbase pulling a FTX, especially after seeing what will happen if they do.