Reminder: Withdraw Your Bitcoin Off Exchanges

By Bitcoin 杂志 - 1 年前 - 阅读时间:3 分钟

Reminder: Withdraw Your Bitcoin Off Exchanges

Needless to say, as it stands today and has stood since the first bitcoin exchange was launched, your bitcoin is not safe on the exchanges.

以下是Marty's Bent的直接摘录 问题#1207:“Reminder to get your bitcoin off the exchange= 在此处注册新闻通讯.

(通过马蒂·本特)

Coinbase 今天发布了一份收益报告,并在其 10 季度报告中提出了关于散户用户在破产事件中的合法索赔的新措辞。 为了应对 SEC 的新规定,Coinbase 必须添加一些语言,表明如果发生破产,其平台的零售用户可以将其在交易所持有的资产视为破产财产的财产。

Coinbase首席执行官Brian Armstrong 刚刚在 Twitter 上发了一条长长的帖子,让人放心 the world that this clause was added to the disclosure because of the new SEC rule, they hope to give retail clients the same assurances that their Prime and Custody customers enjoy, and that nothing like this has been tried in the court of law and that it is unlikely that the government would deem user property as the property of Coinbase. Maybe your Uncle Marty is a bit crazy, but I don't find the argument very convincing. Especially when you consider the fact that the government has been known to seize assets from American citizens in the past. ‘Member Executive Order 6102?

Needless to say, as it stands today and has stood since the first bitcoin exchange was launched, your bitcoin is not safe on the exchanges. Bitcoin exchanges represent third parties that are single points of failure that can succumb to human error, hacks and government coercion. You should eliminate this third-party risk by taking control of your wealth by holding your own keys. Sure, this also comes with some risks. You must have the ability to secure those keys, but there are ways to mitigate single points of failure while holding your keys. Multisignature wallets are a good way to eliminate single points of failure in self custody.

At the very least, you should take possession of your own keys and take the risk of being your own single point of failure because at some point, when bitcoin becomes extremely popular and more widely adopted, governments are going to make like they always have and turn totalitarian. The first things they will target are exchanges. You should operate with this assumption as your base case.

Also, you should take possession of your keys because that's why bitcoin was created in the first place: to enable individuals to hold their own wealth and send and receive it without depending on trusted third parties. You are doing the network a disservice by being lazy. Especially if you subscribe to the theory that bitcoin held on exchanges is re-hypothecated and lent out to traders who actively short bitcoin. Suppressing the price in the process. Holding your keys means less of that activity is harder to do.

原始来源: Bitcoin 杂志