keccers pfp
keccers
@keccers.eth
Do you believe Coinbase has 100% reserve? I hadn’t heard that claim prior to this podcast. https://open.spotify.com/episode/4h1rV53BqcuNapHzFWFFRs I probably would have saved that statement until I had accomplished some of the crypto native accounting goals listed here https://www.coinbase.com/blog/how-crypto-companies-can-provide-proof-of-reserves
4 replies
1 recast
19 reactions

b-rad.eth pfp
b-rad.eth
@b-rad
I def believe it. 1) waaaaay more regulatory scrutiny than off shore exchanges 2) they don't have any of the lending/speculative arms that tend to get exchanges in trouble 3) like 99% of their crypto is in cold storage
1 reply
0 recast
0 reaction

keccers pfp
keccers
@keccers.eth
The lack of the “more advanced” types of products is def a point in their favor here to me
0 reply
0 recast
1 reaction