Actually, CZ made no secret of deleting the tweet. Because next he tweeted this after deleting the other tweet: "Brian Armstrong just told me the numbers in the articles are wrong. Deleted the previous tweet. Let’s work together to improve transparency in the industry."
@@robbienorton9522If the numbers turned out to be accurate, that wouldn’t really be FUD. FUD is typically associated with unwarranted fear, not legitimate fear.
binance is worse off than ftx. why do folks think sbf is the only scammer out there. CZ seems the worst and most predatory, when you analyze his linguistics.
@@jaime17000 we should be able to see it too. This is what hapoens with regulations. The public is left in the dark and we have to trust govt. We dont need regulations we need transparency. But really we just need to get off exchanges altogether and use defi. Avoiding cefi is why crypto was made. Institutions are the reason why regulations will get thru, and itll be the big corporations that write the laws, just like every other industry
@@bebetter7388 No question CZ is a stealth predator. Can't be that generous on SBF though. The guy has conned everyone into believing all the 'altruistic' bs, and even his story now about trying to get the money back for people. Nope, sorry, the Bankruptcy CEO is spelling it out for what the situation is, and no one that auto deletes all internal texts, or doesn't keep so many records, nor has a CFO, while being so called "CEO' of a so called $30 billion enterprise, and WORSE takes customer money to use for other gambling activities, is anything remotely innocent. There was intended malfeasance from the very beginning when you look at all the evidence and question how someone like that amassed so much money, and manages to somehow send $39 million in political donations in a matter of months pre election. That amount versus his own net worth, is obscene, unless he counted ALL of his clients money as his own. That SBF is not in handcuffs at the moment should be absolutely frightening for every one who uses ANY exchange for any unregulated crypto or BTC.
Why does your channel consistently fail to mention that Coinbase ( unlike Binance ) is a U.S. based regulated exchange that complies with SEC rules on disclosure and trades on the stock market ? Binance ( and defunct FTX ) are offshore entities that have no such restrictions and can do basically whatever they want.........I'm not saying Coinbase is "safe" from this mess but you should mention these facts.
Not to mention they are subject to integrated audits done by Deloitte which entail tests of manual/it controls and details revolving around their custodial activities and management of customer funds.
I think coinbase gets a lot of unnecessary hate. They have been around for 10 years now. They are proven. I use them to buy some degen coins. I got caught up in voyager because people were saying coinbase is too expensive. Well, I would’ve rather paid those “expensive fees” instead I got caught up in bankruptcy
@@nadias6435 I didn’t say coinbase it too big to fail. I completely believe in self custody of Bitcoin with my trezor. I also believe there should be some trust in a few exchanges in order for the industry to grow, and right now I believe the only trusted exchange is Coinbase.
Not the way bonds work. The price has come down since Coinbase issued them, but CB interest payment rate is FIXED at rate bond was originally issued (7% for example). Price of these bonds has dropped, so NEW buyers of the outstanding bonds can lock in the 17% due to the lower price they now pay ($700 for example) than the original issue price of $1000 per bond. CB debt service doesn’t change, although their creditworthiness has deteriorated since they issued the bonds (hence the $700 price) - price drops as risk of default on the bonds (debt) rises.
@@gregghorner9107 There's a LOT of financial things she doesn't understand. What's the average age of her viewers?? 13?? Almost ALL she posts are recycled infor. avail. from real financial pros.
Get out of any central exchange. (Dude coinbase was ASKED by the USA govt to take your tokens! If they file bankruptcy then they are legally entitled to steal all customer tokens)
2001 was a manufactured crisis to manipulate people into war (proven by WTC7)... 2008 was also a manufactured crisis to manipulate people into debt... 2020 was another manufactured crisis to manipulate people into tyranny... your masters fooled you, didn't they? Welcome to the NEW WORLD ORDER (aka one world digital slave system... you're helping to create for your masters).
What happened with CZ tweet is not accurate. When CZ tweeted everybody pointed him in his tweet comments that he was wrong in his calculations. After recognizing his error he proceded to announce and delete his tweet (stating that he was going to delete it because he didn't verify the source and he was wrong). COIN with more than 2M BTC is scary tho.
I left binance 18 months ago with their know your customers rules. I m still on kraken (0.01% of my fortune ). Basically I never trusted all these companies and I stay away from high ROI. I like BTC, Eth, and ADA. These coins have been created to be your own bank so why people give them to someone else ? Good video.
@@CryptoTips 2001 was a manufactured crisis to manipulate people into war (proven by WTC7)... 2008 was also a manufactured crisis to manipulate people into debt... 2020 was another manufactured crisis to manipulate people into tyranny... your masters fooled you, didn't they? Welcome to the NEW WORLD ORDER (aka one world digital slave system... you're helping to create for your masters).
Exchange Reserves (Global): 2.16 million BTC Coinbase: "We have over 2 million BTC" Hmmn...I suppose a big chunk of that could be custody that they don't count as exchange reserves (and that might be why CZ said they had less than 600K - that number possibly being their exchange reserves - but Coinbase has the 2 million because they really do segregate their exchange reserves from Coinbase Custody [which is mostly institutional players or other big players].). Still tho...
Hello Heidi and Toby ! There’s an article in todays New York Times titled “Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions” people should take a look at. It doesn’t directly state that high level US regulators were helping SBF out but it sure implies it. Also, thanks for all your great UA-cam posts over the years.
They're not fine. They banned me for life years ago for doing black market shit, and they recently emailed me trying to get me to use their service again. They're clearly hard up for customers.
@@LarsLarsen77 “for doing black market shit” well geez hard to believe they were in the wrong? You just admitted you had committed some type of policy offense/crime and you wonder why you got banned lol 😂
Coinbase, based on their audited financials, has one to one coverage of customer funds, and about 5 billion of working capital in addition to this. I think they are pretty safe unless they continue to lose billions, in which case they can probably borrow or issue more stock.
Coinbase is probably safe not because they have one to one custodial assets in the crypto space. They have far more optional loan equity lines that they can pull from, and because Coinbase went public in 2021, they also should have a substantial amount of funds that was already going to be used to develop the company at a burn rate many growth business forecasted. The funds they received when they went public should be more than enough to cover any 'misallocated' accounts if something went wrong with that company.
Not worried about Coinbase. Having said that, I keep a majority of my crypto off CEX. And I minimize my cash positions on CEX, as well. Must be vigilant, but overly paranoid. Good luck everyone!
I will say this about this, channel: the married couple representing it actually has integrity and really strives to do right by their audience. Which is not so terribly common.
"Building a house upon the sands, the bait and switch when fool's gold changes through many hands, the greed that burst through the lies that ebb and flow, end in broken dream when it all comes crashing to the floor"
@@HaruhiSuzumiya93 And that has what to do with this conversation? Are you saying greyscale sent their BTC to coinbase because they are going bankrupt and are trying to hide the BTC or something?
I read a lot of comments saying coinbase is safe and Binance is better etc.. if you think ANY centralised exchange is safe you don't understand crypto. The ONLY thing that is safe is your private key. I am not saying don't use these exchanges. Just do not trust them. Move your funds off of them when they are not of use to you. How many times do OGs need to tell you... "not your keys not your coins".
I’m gonna say Coinbase. I’ve had zero issues, been using them for a couple years now & they’re a publicly traded company so they have to be open about all their information & comply with the SEC. I buy on Coinbase, use the card, but store in an offline wallet.
Guys, youre missing my point. I agree in varying instead of trusting 100%. But talking about Coinbase, spreading fear without disclosing that Coinbase has many more safeguards in place because of the fact that they are publicly traded is not informing well enough guys. The intrinsic value of the point she is making in the video could have been made without spreading fear as if Coinbase is comparable to FTX. That´s nonsense.
Coinbase is the ONLY regulated and SEC compliant exchange, period. No other major exchange allows anyone to check their financials....liabilities, assets, holdings, ect. Are they perfect ? Absolutely not. Are they transparent, yes...because by law they have to be as a public traded company. Nothing in life is risk free so you just try to keep your risk to a minimum....my 2 satoshi's
If Coinbase has 2M BTC I think that is the only exchange I wouldn't be scared about to know they have it. Maybe a personal thing since I have been using Coinbase since 2013?
...what happens if there's no longer any exchanges left?,,, one would think that the couple/few exchanges left standing at this point,,, that they would start profiting from the lack of competition,,, how does one buy, sell, and/or trade from a hdw wallet???
...maybe one can, buy, sell or trade on a hdw wallet,,, or a wallet, that is not on an exchange, I just assumed it wasn't possible,,, and I have a Ledger and Trevor, I'm still ignorant of a few things, but I know it's a bad deal if all the exchanges go down,,, strange days indeed, most peculiar, but expected with the criminal banksters via the corrupt politicians running the show, and up the citizenry's, you know, where the sun don't shine...
Genesis is the platform that institutional investors use to short BTC and other crypto. Genesis is not available to the general retail market. Gemini and Coinbase are retail exchanges. They are not the same as Genesis.
Moved what I had on Coinbase to my hardware wallet when FTX filed bankruptcy. No longer have anything on a centralized exchange. Not a tax avoidance issue for me but a matter of not trusting the centralized system. They are about as trust worthy as the US Fed.
I have found that I have never lost money on any layer one. Even with hot wallets. Could you do a session on keeping your coins in layer one. I think it is something many people miss because they are worried about cold air gapped storage. But there are many good self custodial hot wallets on layer ones. PS New thumbnail style are very cute.
With all the current turmoil, what exchanges do you currently recommend for those that need an exchange that offers an easy on and off ramp for US currency?
Two rich guys who passed on FTX? Elon (BS detecter) and A16Z (HQ location - sketchy). One rich guy who jumped on the SBF bandwagon: Mr. Wonderful. Guess who's advice I'm taking?
I think Toby & Heidi look for things to talk about on their channel to keep it relevant so you'll see the changes in the crypto space in real time, trends and tragedies alike
Coinbase has been in this space for nearly a decade. They are located inside the usa, and thus have to answer to regulators and pay their taxes. Binance is only a few years old, and for some reason CZ decided to start his company in the Cayman Islands. Only known for beaches and being a tax shelter.
This is why I have completely stayed away from anything Crypto. My gut said: Ripe for corruption. House of Cards waiting for a strong breeze. But watch your back! These videos are brutal honesty. And that can be very bad for your health these days!
Time to move on from spreading all the FUD. Your getting likes all for the wrong reasons. Highlight the good going on in crypto, not continuing to report on what ifs…
I just want you to know I got my withdrawal from Block-fi 2 days ago I initiated it on November 10. I was certain my funds were gone. You cant imagine my shock. It was over 5000$ I learned a valuable lesson and will still buy Bitcoin but only in a wallet. I was greedy for the interest.
Coinbase is solid. This kind of clickbait FUD is a very bad look for you. You are attacking one of the few good players in the space to get a few thousand more views.
I think Genesis is still able to find ways to save their company, at least for now to propel them back up to the next market, unlike FTX where it crumbled within days. I still wanna see this space grow as more and more tokens are introduced with tons of utilities on launchpads like Polygen.
Hi Heidi, Just wondering if it is safe to buy a ledger from the official website and send it to my residential address. I have heard people using fake names and sending it to a PO box. Is it worth it to do this? Thanks in advance!!
This seems extreme, unless you are a major player. Previous hacks into wallet companies had nothing to do with wallet access, keys or digital info. They stole addresses and other boring info. This cannot help anyone steal your crypto, as I understand
@@jraney69 The only thing I can think of is if they got your information details and did some social engineering to scam/trick you into giving them your crypto, which is what people do anyway 😅
Hi Guys, thank you for all that you do. What are your thoughts on Coinbase and Binance's hot wallets (Trust wallet for Binance). I believe Binance owns Trust Wallet, do you think funds are safe on here if they go down?
CZ tweeted this after deleting the other tweet: "Brian Armstrong just told me the numbers in the articles are wrong. Deleted the previous tweet. Let’s work together to improve transparency in the industry."
Coinbase and Coinbase Custody are NOT the same. 🙄 "Coinbase Custody is an independent, NYDFS-regulated company that offers institutions access to the custody solution that has underpinned Coinbase for more than six years."
Exchanges make money on transactions, buying and selling, bull or bear. While the income into exchanges is tied to total market cap (as a relative percentage of the market cap), exchanges are more affected by trading volume, which can be high in both bull and bear markets.
Crypto is too volatile to broker, or use as collateral/backing. Brokers are forced to buy high when clients are in a buying frenzy and their reserves get bought up, and are forced to sell low when clients load back up at the bottom. At least the individual long term holder that bought high has the luxury of waiting until prices go back up to sell for a profit, brokers do not have that luxury.
@@CryptoTips Never said i was but literally every exchange would have to shut down if everyone stopped trusting them. There has to be some element of trust from the public in exchanges or else it makes no sense for them to exist. New crypto investors get into crypto via buying off exchanges that are user friendly so we need well regulated exchanges in place. Passing audits from deloitte is no small feat. Every youtuber spreading constant fud about every exchange is really hurting the crypto space right now.
The way I look at it is if you are doing everything properly then no-one can do anything to you and you have nothing to hide. So coinbase has nothing to hide... hopefully!
Good job on the title of this video. Half the comments here people have not comprehend the context of video and just write a comment based off the title.
The good thing here is.. this is going to flush out the bad actors .. some people need to go to jail.. and then things can get to a point where there is integrity in the system
Actually, CZ made no secret of deleting the tweet. Because next he tweeted this after deleting the other tweet: "Brian Armstrong just told me the numbers in the articles are wrong. Deleted the previous tweet. Let’s work together to improve transparency in the industry."
yeah but he was quick to try to spread more FUD and capitalize on it like he did with FTX
@@robbienorton9522If the numbers turned out to be accurate, that wouldn’t really be FUD. FUD is typically associated with unwarranted fear, not legitimate fear.
Funny how Coinbase shows all their info but Binance won’t show their liabilities.
binance is worse off than ftx. why do folks think sbf is the only scammer out there. CZ seems the worst and most predatory, when you analyze his linguistics.
Coinbase is a public company, they have to.
@@jaime17000 we should be able to see it too. This is what hapoens with regulations. The public is left in the dark and we have to trust govt.
We dont need regulations we need transparency. But really we just need to get off exchanges altogether and use defi. Avoiding cefi is why crypto was made.
Institutions are the reason why regulations will get thru, and itll be the big corporations that write the laws, just like every other industry
SFX shills trying to blame the whistleblower.
@@bebetter7388 No question CZ is a stealth predator. Can't be that generous on SBF though. The guy has conned everyone into believing all the 'altruistic' bs, and even his story now about trying to get the money back for people. Nope, sorry, the Bankruptcy CEO is spelling it out for what the situation is, and no one that auto deletes all internal texts, or doesn't keep so many records, nor has a CFO, while being so called "CEO' of a so called $30 billion enterprise, and WORSE takes customer money to use for other gambling activities, is anything remotely innocent. There was intended malfeasance from the very beginning when you look at all the evidence and question how someone like that amassed so much money, and manages to somehow send $39 million in political donations in a matter of months pre election. That amount versus his own net worth, is obscene, unless he counted ALL of his clients money as his own. That SBF is not in handcuffs at the moment should be absolutely frightening for every one who uses ANY exchange for any unregulated crypto or BTC.
Why does your channel consistently fail to mention that Coinbase ( unlike Binance ) is a U.S. based regulated exchange that complies with SEC rules on disclosure and trades on the stock market ? Binance ( and defunct FTX ) are offshore entities that have no such restrictions and can do basically whatever they want.........I'm not saying Coinbase is "safe" from this mess but you should mention these facts.
Bingo
Not to mention they are subject to integrated audits done by Deloitte which entail tests of manual/it controls and details revolving around their custodial activities and management of customer funds.
someone has their money in coinbase lol
time to eject!
@@lk5388 tell him where he's wrong instead of being a dick then.
the crypto media like to throw out drama to get views. Coinbase is fine.
I think coinbase gets a lot of unnecessary hate. They have been around for 10 years now. They are proven. I use them to buy some degen coins. I got caught up in voyager because people were saying coinbase is too expensive. Well, I would’ve rather paid those “expensive fees” instead I got caught up in bankruptcy
Dont be naive. Lehman Brothers was also "too big to fail". Ring a bell?
@@nadias6435 I didn’t say coinbase it too big to fail. I completely believe in self custody of Bitcoin with my trezor. I also believe there should be some trust in a few exchanges in order for the industry to grow, and right now I believe the only trusted exchange is Coinbase.
Yep. I never went to the 'cheaper' exchanges and I've never lost any of my crypto using coinbase. That being said I do hold all my crypto offline
@@didactica9326 nice. When you take everything off coinbase, how do you keep track of the cost basis for when you do sell?
@@nadias6435 so were loads of other investment banks that DIDNT fail.
Not the way bonds work. The price has come down since Coinbase issued them, but CB interest payment rate is FIXED at rate bond was originally issued (7% for example). Price of these bonds has dropped, so NEW buyers of the outstanding bonds can lock in the 17% due to the lower price they now pay ($700 for example) than the original issue price of $1000 per bond. CB debt service doesn’t change, although their creditworthiness has deteriorated since they issued the bonds (hence the $700 price) - price drops as risk of default on the bonds (debt) rises.
Coinbase only pays 3 to 4% interest on their bonds. The yield for the bond buyers are in the teens because they are buying the bonds at a discount.
Correct. She does not understand bonds.
Even that's concerning. What maturities are at that discount? I would hope CB isn't issuing anything now because failed auctions are a bad sign too.
@@gregghorner9107 There's a LOT of financial things she doesn't understand. What's the average age of her viewers?? 13?? Almost ALL she posts are recycled infor. avail. from real financial pros.
You are an incredible reporter, been following during this whole situation, great work!
I’m sticking by Coinbase
You will lose your coins- get out now while you still can.
I'm nervous now. Custody wallet are in order.
Eject... Eject
Kraken is also good. I've used them for years and have had no problems and they're cheaper than Coinbase.
Get out of any central exchange. (Dude coinbase was ASKED by the USA govt to take your tokens! If they file bankruptcy then they are legally entitled to steal all customer tokens)
They aren’t “issuing a 17% yield on their bonds” they are making their coupon payments. Their bonds happen to be trading at a 17% yield.
Thanks for the valuable clarification.
Junk bonds for sure...an opportunity for Michael Milken perhaps.
Brutally good reporting! Thank you!
Heidi, you and Toby are the crypto survival lifelines for us in these very stormy uncertain times. Keep up the good work!
2001 was a manufactured crisis to manipulate people into war (proven by WTC7)... 2008 was also a manufactured crisis to manipulate people into debt... 2020 was another manufactured crisis to manipulate people into tyranny... your masters fooled you, didn't they? Welcome to the NEW WORLD ORDER (aka one world digital slave system... you're helping to create for your masters).
100 percent true time to bring down this idiot people who called goverments and globalists
What? they should be shouting from the rooftops about Solana and this crypto firm they championed it's a huge REDFLAG!
What happened with CZ tweet is not accurate. When CZ tweeted everybody pointed him in his tweet comments that he was wrong in his calculations. After recognizing his error he proceded to announce and delete his tweet (stating that he was going to delete it because he didn't verify the source and he was wrong). COIN with more than 2M BTC is scary tho.
I left binance 18 months ago with their know your customers rules. I m still on kraken (0.01% of my fortune ). Basically I never trusted all these companies and I stay away from high ROI. I like BTC, Eth, and ADA. These coins have been created to be your own bank so why people give them to someone else ?
Good video.
Goodshit CT thanks for the update
Dude, Coinbase is not insolvent.
Be careful you don't get sued.
Did you watch the video?
@@CryptoTips 2001 was a manufactured crisis to manipulate people into war (proven by WTC7)... 2008 was also a manufactured crisis to manipulate people into debt... 2020 was another manufactured crisis to manipulate people into tyranny... your masters fooled you, didn't they? Welcome to the NEW WORLD ORDER (aka one world digital slave system... you're helping to create for your masters).
Coinbase has been around through multiple bear markets to say they wouldn't think about this or plan for it is ridiculous
Exchange Reserves (Global): 2.16 million BTC
Coinbase: "We have over 2 million BTC"
Hmmn...I suppose a big chunk of that could be custody that they don't count as exchange reserves (and that might be why CZ said they had less than 600K - that number possibly being their exchange reserves - but Coinbase has the 2 million because they really do segregate their exchange reserves from Coinbase Custody [which is mostly institutional players or other big players].).
Still tho...
Heidi where would you be without Coinbase?
Thanks Heidi for these key updates. Not worries about CB, but then still, always keep your coins in cold storage.
Send your money to companies home based outside the USA where there are no government controls whatsoever. What could possibly go wrong?
coinbase question on “ how to get staked ETH on coinbase “ out of coinbase ? CB has ignored all requests for past 2 years
Hello Heidi and Toby !
There’s an article in todays New York Times titled “Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions” people should take a look at.
It doesn’t directly state that high level US regulators were helping SBF out but it sure implies it.
Also, thanks for all your great UA-cam posts over the years.
Coinbase is solid. They’ve gone through bear markets before. Brian knows how to navigate this.
So did Sam the Scam.
🤡
Excellent video again!! Thank you
Everyone talks about getting rid of cefi exchanges and using only defi but how are we supposed to get money on these defi exchanges
By executing transactions from your own wallet…?
Just signed up! sharing
The fall of centralized exchanges is the best bull case for long term Btc adoption
BTC, LMAO.
Any bad news about crypto is good for crypto/s
Crypto will never become mainstream without some sort of centralization. Lets live in reality here.
@@bobronco the whole point of crypto is decentralisation.
@@bobroncoThere’s plenty of centralization already. For example, humans are stuck on 1 planet
Dude, don’t spread FUD. Coinbase is safe
They're not fine. They banned me for life years ago for doing black market shit, and they recently emailed me trying to get me to use their service again. They're clearly hard up for customers.
@@LarsLarsen77 “for doing black market shit” well geez hard to believe they were in the wrong? You just admitted you had committed some type of policy offense/crime and you wonder why you got banned lol 😂
what is your opinion of Ballet wallets? Seems to work for me but everyone always says Trezor or Legger
A bit off topic but good things should be said out loud: you have been looking extremely healthy lately! Whatever you are doing, do it more!
cz called out ftx, cro and coinbase..so far he's 1-2 (will he mess with kucoin?)
Thanks for the update. Love the content from you guys
do you manually delete all the bot comments? most channels that even mention crypto or money are flooded with fake conversations between bots
A bot cleans em up......possibly
people report them, rumor has it
I pay for an algorithm that helps take them out.
@@CryptoTips I'm upset!! UA-cam could EASILY do this themselves. But they just don't care.
some of us report them
Coinbase, based on their audited financials, has one to one coverage of customer funds, and about 5 billion of working capital in addition to this. I think they are pretty safe unless they continue to lose billions, in which case they can probably borrow or issue more stock.
Coinbase is probably safe not because they have one to one custodial assets in the crypto space. They have far more optional loan equity lines that they can pull from, and because Coinbase went public in 2021, they also should have a substantial amount of funds that was already going to be used to develop the company at a burn rate many growth business forecasted. The funds they received when they went public should be more than enough to cover any 'misallocated' accounts if something went wrong with that company.
Thank you..
Coinbase financials are completely audited . Please stop spreading FUD
Amen Sister keep it coming. Thanks for educating us.
Not worried about Coinbase. Having said that, I keep a majority of my crypto off CEX. And I minimize my cash positions on CEX, as well. Must be vigilant, but overly paranoid. Good luck everyone!
I will say this about this, channel: the married couple representing it actually has integrity and really strives to do right by their audience. Which is not so terribly common.
"Building a house upon the sands, the bait and switch when fool's gold changes through many hands, the greed that burst through the lies that ebb and flow, end in broken dream when it all comes crashing to the floor"
Exactly,,, these dummies can NOT UNDERSTAND THAT ONLY CENTRAL BANK CAN ISSUE MONEY,,,, MANY TEARS for the suckers
Why would coinbase be holding btc for greyscale? Why the hell would greyscale not hold it themselves.....in their own wallet?!
Because institutions suck. Biggest trojan horse in crypto to roll out regulations
Maybe grayscale hasn’t built their own custody infrastructure?
Grayscale is going bankrupt. Watch her video on it
@@HaruhiSuzumiya93 And that has what to do with this conversation? Are you saying greyscale sent their BTC to coinbase because they are going bankrupt and are trying to hide the BTC or something?
What good is having crypto currencies if there will be not exchanges to change to cash?
I read a lot of comments saying coinbase is safe and Binance is better etc.. if you think ANY centralised exchange is safe you don't understand crypto. The ONLY thing that is safe is your private key.
I am not saying don't use these exchanges. Just do not trust them. Move your funds off of them when they are not of use to you.
How many times do OGs need to tell you... "not your keys not your coins".
which would you say is the best exchange??? any recommendations or any video related to this topic?
I’m gonna say Coinbase. I’ve had zero issues, been using them for a couple years now & they’re a publicly traded company so they have to be open about all their information & comply with the SEC. I buy on Coinbase, use the card, but store in an offline wallet.
@@HaruhiSuzumiya93 thank you....that's what i figured too....
How did you not say that Coinbase is a public traded company and you can check what they have in their reserves
What they SAY they have in reserves...
nothing on chain though............
Dont trust, verify. Anyone holding in exchanges don’t understand crypto
Guys, youre missing my point. I agree in varying instead of trusting 100%.
But talking about Coinbase, spreading fear without disclosing that Coinbase has many more safeguards in place because of the fact that they are publicly traded is not informing well enough guys.
The intrinsic value of the point she is making in the video could have been made without spreading fear as if Coinbase is comparable to FTX. That´s nonsense.
@@Rafael_Marnoto What a ditzy blonde she turns out to be.
Coinbase could have a _MINING_ division in their organisation.
Coinbase is the ONLY regulated and SEC compliant exchange, period. No other major exchange allows anyone to check their financials....liabilities, assets, holdings, ect. Are they perfect ? Absolutely not. Are they transparent, yes...because by law they have to be as a public traded company. Nothing in life is risk free so you just try to keep your risk to a minimum....my 2 satoshi's
Just because a company isn’t public doesn’t mean they’re unregulated and non-compliant.
@@martinlutherkingjr.5582 yeah, but it also means if they decide to do something unethical, there are no means to stop it. Look at FTX…
@@HaruhiSuzumiya93 Look at Enron…
If Coinbase has 2M BTC I think that is the only exchange I wouldn't be scared about to know they have it. Maybe a personal thing since I have been using Coinbase since 2013?
Subbed , beautiful!
...what happens if there's no longer any exchanges left?,,, one would think that the couple/few exchanges left standing at this point,,, that they would start profiting from the lack of competition,,, how does one buy, sell, and/or trade from a hdw wallet???
...maybe one can, buy, sell or trade on a hdw wallet,,, or a wallet, that is not on an exchange, I just assumed it wasn't possible,,, and I have a Ledger and Trevor, I'm still ignorant of a few things, but I know it's a bad deal if all the exchanges go down,,, strange days indeed, most peculiar, but expected with the criminal banksters via the corrupt politicians running the show, and up the citizenry's, you know, where the sun don't shine...
CZ deleted his tweet because Coinbase proved funds. Not because he was planting a seed
Genesis is the platform that institutional investors use to short BTC and other crypto. Genesis is not available to the general retail market. Gemini and Coinbase are retail exchanges. They are not the same as Genesis.
Moved what I had on Coinbase to my hardware wallet when FTX filed bankruptcy. No longer have anything on a centralized exchange. Not a tax avoidance issue for me but a matter of not trusting the centralized system. They are about as trust worthy as the US Fed.
3:40 is the best 5 sec here
I have found that I have never lost money on any layer one. Even with hot wallets. Could you do a session on keeping your coins in layer one. I think it is something many people miss because they are worried about cold air gapped storage. But there are many good self custodial hot wallets on layer ones. PS New thumbnail style are very cute.
You must’ve forgot about Harmony lol
*How much is CT club?*
$15/month
A few things I’m seeing and hearing , bitrue isn’t paying the interest for the staked coins on the piggy and I’m reading that FTX might own ledger .
Where are you reading that "ftx owns ledger"?
That's pretty important to know if true
Does that mean FTX could take customer assets on Ledger Live via bankruptcy?
ftx owns ledgerx not ledger. two different things.
@@keepinon5674 yes
What about bittrex?
Ok this is my signal to get the f out of Coinbase. I bought a ledger, but once Coinbase goes bankrupt, how can I sell my crypto? 😔
That ring light looks good on ya
No ring light, just the sun
With all the current turmoil, what exchanges do you currently recommend for those that need an exchange that offers an easy on and off ramp for US currency?
Two rich guys who passed on FTX? Elon (BS detecter) and A16Z (HQ location - sketchy). One rich guy who jumped on the SBF bandwagon: Mr. Wonderful. Guess who's advice I'm taking?
Coinbase has a subsidiary with a different name for holdings such as greyscale. I interviewed with them.
How does Reggie Middleton's Law Suits for Veritasium's Patent violations fit into this Crypto House of Cards collapse?
Perfectly, when the time is right for those in control
All scams will come to an end. 😂😂😂
All?
@Banana Dude but a lot of money will be made in the meantime legitimately or stolen.
Yep because all crypto will be controlled by access to offramps.
@@user-mm6xi3er5u that's been true for 10+ years
I thought that last year Toby was a BIG proponent of FTT 😒 hoping that he backed off that strategy before the FTX implosion?
I think Toby & Heidi look for things to talk about on their channel to keep it relevant so you'll see the changes in the crypto space in real time, trends and tragedies alike
After a long day of staring at charts Heidi is always easy on the eyes. Thanks for early warning on FTX. You were 3 weeks ahead of everyone else.
Sorry any ideas were the link to the CT club link is.
Coffeezilla was YEARS ahead of that.
@@darthkek1953 but he’s not easy on the eyes lol 😂 Heidi has the looks
Coinbase has been in this space for nearly a decade. They are located inside the usa, and thus have to answer to regulators and pay their taxes. Binance is only a few years old, and for some reason CZ decided to start his company in the Cayman Islands. Only known for beaches and being a tax shelter.
The Cayman Islands is only about an hour plane ride from the Bahamas by the way.
This is why I have completely stayed away from anything Crypto.
My gut said:
Ripe for corruption.
House of Cards waiting for a strong breeze.
But watch your back!
These videos are brutal honesty.
And that can be very bad for your health these days!
There is bitcoin and there is shitcoin. They are not the same.
Centralized exchanges are not crypto. Do a bit of your own research and don't get greedy
Then why are you even here???
@@cheddar76k this channel was recommended to me because of the DTX fiasco.
I just watched your video on FTX, the way you called it 3 weeks before it happened.... Coinbase next? That's gonna hurt some folks.
Time to move on from spreading all the FUD. Your getting likes all for the wrong reasons. Highlight the good going on in crypto, not continuing to report on what ifs…
Is Salior skating on thin ice?
Please do tell
Question Heidi: do u guys also hold stablecoins on your cold storage? Like USDC? or don’t you trust USDC anymore?
Nope. USDC is a WEF coin. In fact, my theory is that this is the CBDC and everyone is already duped into using it.
Yup USDC will become the US CBDC I think also
@@nadias6435 better to go with Dai, right?
I just want you to know I got my withdrawal from Block-fi 2 days ago I initiated it on November 10. I was certain my funds were gone. You cant imagine my shock. It was over 5000$ I learned a valuable lesson and will still buy Bitcoin but only in a wallet. I was greedy for the interest.
What's next? Can you look into USDT as well?
Coinbase is solid. This kind of clickbait FUD is a very bad look for you. You are attacking one of the few good players in the space to get a few thousand more views.
I think Genesis is still able to find ways to save their company, at least for now to propel them back up to the next market, unlike FTX where it crumbled within days. I still wanna see this space grow as more and more tokens are introduced with tons of utilities on launchpads like Polygen.
You know you can get a tripod or flexible pod ya know Heidi..😏✌🏼😉❤️
Hi Heidi,
Just wondering if it is safe to buy a ledger from the official website and send it to my residential address. I have heard people using fake names and sending it to a PO box. Is it worth it to do this?
Thanks in advance!!
This seems extreme, unless you are a major player. Previous hacks into wallet companies had nothing to do with wallet access, keys or digital info. They stole addresses and other boring info. This cannot help anyone steal your crypto, as I understand
@@jraney69 The only thing I can think of is if they got your information details and did some social engineering to scam/trick you into giving them your crypto, which is what people do anyway 😅
IF everyone were to remove their crypto from exchanges and store in cold wallets , what effect would this have on the sector
@@myob3574 maybe youd use them peer to peer?
@@myob3574 a dex? Lol
@@myob3574 defi. Or only on an exchange just to trade then off right away
Hi Guys, thank you for all that you do. What are your thoughts on Coinbase and Binance's hot wallets (Trust wallet for Binance). I believe Binance owns Trust Wallet, do you think funds are safe on here if they go down?
CZ talking shit about everyone, i hope one day everyone sees BNB for what it really is and the next one to fall will be him
Cz is a fraud. Funny how chinese gov banned crypto riggt before the crash. Their people exited at the top
CZ tweeted this after deleting the other tweet: "Brian Armstrong just told me the numbers in the articles are wrong. Deleted the previous tweet. Let’s work together to improve transparency in the industry."
Which one is better? Trezor or Ledger!?!?!?
Here ya go: ua-cam.com/video/DW-_raWiM5A/v-deo.html
Basically everyone is a liar when self-interest is involved. There is a lesson here...
CZ is like - "keep your friends close and your enemies closer"
CZ knows his competitors!
Heard of Wpos?
Coinbase and Coinbase Custody are NOT the same. 🙄 "Coinbase Custody is an independent, NYDFS-regulated company that offers institutions access to the
custody solution that has underpinned Coinbase for more than six years."
Exchanges make money on transactions, buying and selling, bull or bear. While the income into exchanges is tied to total market cap (as a relative percentage of the market cap), exchanges are more affected by trading volume, which can be high in both bull and bear markets.
Crypto is too volatile to broker, or use as collateral/backing. Brokers are forced to buy high when clients are in a buying frenzy and their reserves get bought up, and are forced to sell low when clients load back up at the bottom. At least the individual long term holder that bought high has the luxury of waiting until prices go back up to sell for a profit, brokers do not have that luxury.
Love the channel but dont appreciate the coinbase fud, coinbase’s reserve numbers are published in their sec filings.
you probably said that when they questioned ftx?!
@@davec7354 ftx wasnt public and wasn’t audited by the big 4
Do yourself a favor and stop trusting custodial platforms. Plenty of SEC regulated companies have been scams.
@@CryptoTips Never said i was but literally every exchange would have to shut down if everyone stopped trusting them. There has to be some element of trust from the public in exchanges or else it makes no sense for them to exist. New crypto investors get into crypto via buying off exchanges that are user friendly so we need well regulated exchanges in place. Passing audits from deloitte is no small feat. Every youtuber spreading constant fud about every exchange is really hurting the crypto space right now.
@@peepingturtle2714 I love decentralized exchanges.
Will CZ go after Tether next to make their coin No. 1
Wait, I thought exchanges made their money stealing customer deposits. They have a second revenue stream? Amazing.
Overlap bnb chart with ftt chart. Looks remarkably alike
The way I look at it is if you are doing everything properly then no-one can do anything to you and you have nothing to hide. So coinbase has nothing to hide... hopefully!
If only the world were that simple
Good job on the title of this video. Half the comments here people have not comprehend the context of video and just write a comment based off the title.
It’s ok, they’ll learn sooner or later.
The good thing here is.. this is going to flush out the bad actors .. some people need to go to jail.. and then things can get to a point where there is integrity in the system
Binance works with the WEF
A 17% yield on corp paper is a huge red flag to me. Is that real?
What's the best exchange to use in the States? Kraken?