To see adoption go as wide as current HODLERS hope BTC can go newbies need to be insulated from the type of insanity laid out in this article.
Like at bare minimum and for the survival of crypto nobody should trade on unaudited exchanges.
Or a step further despite Coinbase's scaling issues the fact that they have both insurance coverage and FDIC coverage on all accounts makes me much more likely to refer people interested in starting w Bitcoin there than anywhere else.
But this is also the kind of centralization that Crypto is designed to avoid.
Like at bare minimum and for the survival of crypto nobody should trade on unaudited exchanges.
Or a step further despite Coinbase's scaling issues the fact that they have both insurance coverage and FDIC coverage on all accounts makes me much more likely to refer people interested in starting w Bitcoin there than anywhere else.
But this is also the kind of centralization that Crypto is designed to avoid.
https://support.coinbase.com/customer/en/portal/articles/166...