Hi Bot! Can you tell me how many tokens you have consumed, as well as how much power and water your existence has consumed?

If he told us all about it, is it still confidential?

Companies like Coinbase are more than just an exchange, they are your on-ramp and off-ramp for getting dollars (or whatever you use) into and out of the crypto space.

The reason why people don’t recommend leaving crypto in an exchange account is that you are basically trusting that exchange with custody of your crypto assets. If they go under, then you have to get in line with a long list of creditors, and you will probably never see that money again. And yes exchanges do go under from time to time.

But Coinbase has been around for quite a while, and is strong. I think I have had an account there for over 10 years. And yes, in spite of all the warnings (and knowing how to store my own crypto) I still have a small stash of BTC there, just because I couldn’t be bothered to move it, and BTC has gone up since I moved it there. (I also have a stash of ADA, but that has not fared as well.).

So if you decide to let Coinbase keep your crypto, and it fails, know that I am suffering right there along with you.

And storing your own crypto has its own issues, also. Best to learn how to keep it in a wallet that is totally offline, and learn how to keep it that way. If you lose your wallet (and any backup phrases you might have made), then your coins may be just as irretrievable as if the exchange went down – but you will have only yourself to blame.

Well, yeah, I am waiting to sell my Dogecoin stash at $69

Well, yeah, he and his friends already cleaned up in the futures market on the way down, and they will do it again on the way up

How? I don’t see a crypto option on Amazon

Why not use both? If your government requires KYC, you ain’t getting around that. They want to track crypto the same way they track other assets, and that will involve monitoring all the on/off ramps. But once you have crypto assets, you now have the freedom to transfer them wherever you want, including wallets and exchanges that are more open/have fewer documentation requirements.

However, this freedom still doesn’t exempt you from legal requirements, no matter how much bullshit you think they are. If the non-KYC exchange you transfer to happens to be under some sort of sanction, then you might get screwed if the authorities find out. Are they paying attention to you? Probably not. But it’s up to you to decide whether the potential penalty is worth the risk.

I suppose there is one risk to using a cold wallet often: if your use if that wallet is normalized, then it can be harder to spot malicious things when they happen, if you are not diligent.

Take that hack that happened last year on that one exchange (I forget which). It was reported in the press that their cold storage was hacked, but in reality what happened was an extremely targeted attack that redirected cold wallet transactions to addresses controlled by the hacker without the signers’ knowledge. The same thing can happen on a hot wallet, of course, but you have fewer funds in that, don’t you?

So just to be safe, if you use a cold wallet for transactions like this, make sure to limit the number of devices you use it with, and practice good internet hygiene on those devices.

As long as all the keys are sufficiently random, there isn’t realy any additional risk to paying directly from a cold wallet, it just has more steps.

One of the main advantages of crypto is that you don’t have to trust anyone to participate. But if you don’t trust anyone, that means that you take 100% responsibility for the security of your own keys. You can buy a fancy hardware wallet, but if you keep your recovery phrase in unencrypted cloud storage than anyone who hacks that storage has your keys.

When you store crypto on an exchange, you are trusting that exchange to take care of it. If they get hacked, you might lose all your stuff. But if you are new to all this, you might decide the exchange has better security than you do, so trusting them may not be a bad move.

If you want to keep your own crypto, a good first step is to download a wallet onto an old phone that no longer has service, so only connects with your home wifi. Reset the phone first to factory default. Configure a wallet and write the passphrase down by hand, on paper - make sure that phrase is never input into any device, even as text, unless you need to recover the wallet. Move some crypto to it, then shut it down entirely, and make sure it’s not set to turn itself on. You can’t hack into something that isn’t powered on!

Yes, please pump my worthless ADA so I can sell that shit

To claim that fund managers are actually forming their own opinion on the efficacy of DEI and influencing corporate governance accordingly is simply not true.

That may a fair take, but take a moment to turn that around. The fact that fund managers are not forming their own opinion against the efficacy of DEI and influencing corporate governance accordingly is a sign that it’s simply not as harmful as Republicans let on, and may actually be helpful. Because they know how to wield that influence if they feel they need to in order to preserve their funds’ value.

Actually, that’s exactly what they think.

The anti-DEI crowd thinks exclusively in zero-sum outcomes. There is exactly one Best Candidate for a position, who happens to look like them. If a different candidate is hired, then the whole process is obviously unfair, because they didn’t hire the one white right candidate.

Right, but those mutual fund managers don’t just vote “yes” because they aren’t paying attention. If anything, they are paying lots of attention, and get special treatment, since they own so much of the company, and were likely consulted ahead of this move.

And they are most definitely not bleeding-heart liberals. If they voted for this proposal it’s because they think it will lead to better outcomes for the company.

Not just the corporation, but their shareholders. Republicans have been worshipping at the altar of Shareholder Value since the 80’s.

Here you go, these shareholders just told you what they value! Will Republicans listen?

Some that work forces are the same that burn crosses

If the SC approves this illegal EO, there will be a 99% chance of Civil War.

We may end up in a Civil War, but it will not be over Birthright Citizenship. However, it may be over the next unconstitutional EOs he writes, if this one is approved by the SC. Because if they let this one through, he has permission to do much worse.

No, he doesn’t need them anymore, except to continue grifting them. But you know they will try to off someone on that enemies list, anyway.

Sadly, I predict that one of these “patriots” is going to have a “minor incident” with someone on Trump’s enemies list, Luigi style, and will get immediately pardoned by Trump. He will say some shit like “This is what traitors deserve, he was just willing to do what the DoJ wouldn’t.”

The GOP will have a good look in the mirror, have a heartfelt discussion as to whether Trump went too far, then put on the red hat and have an equally heartfelt discussion about who can snap the best salute.

Foreign intelligence partners are going to limit what they share anyway, because they know Trump will sell it to the highest bidder.