The problem with running your own wallet is that you have to run your own security, and trust me, even if you run linux and you're very skilled at hardening it, you're nothing compared to a company with 65B valuation that can leverage entire, active 1000+ person cyber security force to protect and secure your private keys.
Actually I’m in a much better position than they are because I’m not a target. Oh and my computer is not a server so I’m not allowing anyone to connect to it lol. They have a lot of security I’m sure, but they need it because everyone knows what they have and they must maintain a public interface for their customers to access their funds.
The biggest threat for me would be forgetting my key, deleting it by accident, or maybe having the hard drive die on me. (And losing my backup seed phrase, or forgetting the combination to the safe, lol)
You know what the best security measure is? Not announcing your wealth to anyone.
I agree generlaly what you're talking about but all of these exchanges are being run by leftie silicon valley technofascists who are making decisions on who can use their services.
Absolutely. That’s why I never left my crypto on Coinbase. I don’t trust the exchanges just like I don’t trust banks.
The conservatives have tons of money and not a lot of technical skill. There has to be people to bridge that gap; and when it gets bridged, the left is fucked.
That’s me, right here. I have the technical skill, just not sure what I want to make yet. I’ll contribute one day, I promise.
His big mistake was trying to use amazon and cloudflare (why? WHY???)
It’s funny. Not his fault imo, it’s just that his people are trained to use what everyone else uses, and that obviously doesn’t work when all the big companies are against you. You either need to trust someone with a good track record or build it yourself.
Actually I’m in a much better position than they are because I’m not a target. Oh and my computer is not a server so I’m not allowing anyone to connect to it lol. They have a lot of security I’m sure, but they need it because everyone knows what they have and they must maintain a public interface for their customers to access their funds.
The biggest threat for me would be forgetting my key, deleting it by accident, or maybe having the hard drive die on me. (And losing my backup seed phrase, or forgetting the combination to the safe, lol)
You know what the best security measure is? Not announcing your wealth to anyone.
Absolutely. That’s why I never left my crypto on Coinbase. I don’t trust the exchanges just like I don’t trust banks.
That’s me, right here. I have the technical skill, just not sure what I want to make yet. I’ll contribute one day, I promise.
It’s funny. Not his fault imo, it’s just that his people are trained to use what everyone else uses, and that obviously doesn’t work when all the big companies are against you. You either need to trust someone with a good track record or build it yourself.