Coinbase is a Growing Threat to Crypto Sovereignty
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- Опубліковано 5 лип 2024
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00:00 ASI Token Merge Guide
01:20 Supreme Court Crypto Ruling
03:43 FBI Decentralized Platform Warning
06:14 Coinbase Threat
#Bitcoin #cryptonews #cryptocurrency
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Day by day, Coinbase is sounding more like an arm of the government. Thanks Heidi!
It has been since the beginning.
@@granth9542 wish I knew….
CIRCUITS OF VALUE COVAL A GOOD PLAY?
Love this. You saved me through your relentless advocating for self custody. And now you’re continuing to save others by pointing out fundamental issues, like the Coinbase centralization risk, while I’m sure you don’t need to (for financial reasons), given your time in the market. You guys are real gems 🙏🏻
CIRCUITS OF VALUE COVAL A GOOD PLAY?
@@more_money5583 I’m not at all interested in your degener@te cr@p coin
They went after Binance to destroy competition to Coinbase. CZ will be out in a few weeks. I hope he stages a comeback or creates a new company.
We are the cattle. Regulations are the funnel. Coinbase is the kill box.
And we fellow crypto owners in the USA do ourselves no favors by sitting and watching. I hope we dont regret that down the road. We should forming our own crypto political party. Once again I just smh at ther red/blue crypto voters....wondering what they are doing.
So what to actually do?
BTC and other major coins may have passed their prime, but projects like Pepennedy are just getting started. Are you onboard yet?
CIRCUITS OF VALUE COVAL A GOOD PLAY?
I plan on taking profits legally so I’m not worried how centralized my exchange is. There is no ‘free’ economy when government money rules, fight this all you want but I choose to use my energy on things I can change paying taxes where necessary for peace of mind. The USA is still a great country to live in
Yes Federal Reserve notes are the worst kind of company scripp!
I’d rather pay my correct U.S. taxes and sleep well at night. I don’t have an ideological axe to grind. Whatever income and capital gains tax rates are set are simply something to plan for.
Fuck the government!!! I won't pay the beast that exists on the throne!
@@MortonT1958 You do realize that's a moving target, right ?....stay neutralized and they gonna tax the cattle into poverty.
I can't wait to get out of this country. George Carlin told us how everything really was/is/will be.
Coinbase is not forcing anyone to do anything. They offer a service, and include a SELF-CUSTODY wallet option. That is it. Coinbase is not stopping anyone from buying crypto from anyone.
But dont you see The problem here?
that's fine but I stopped using coinbase in 2013 because they were filling my orders at significantly different prices than quoted and with serious delays, like up to a week to fill an order. They have been a shady business since day one, and their success is completely predicated on having a slick interface and regulatory compliance.
CIRCUITS OF VALUE COVAL A GOOD PLAY?
Coinbase would not let me have my crypto and would not give a date when I could withdraw it. I cashed out and moved to Kraken. No problem with Kraken so far. Coinbase is not trustworthy from my personal experience.
Coin base is a bank
Can you recommend a way to on ramp usd with something other than coinbass ?
Self custody was taught by Mt Gox. Keep spreading the message!
Crypto Tips,
Is this [the feds] why social media tends to report negatively (or not at all) upon Cardano and ICP and other platforms that support the decentralization narrative??
Will coinbase delist ADA/ICP?
🤔
Coinbase will be the point of BTC confiscation in the future...during the next world depression IMO.
Yes..they were birthed with some alphabet agency in the background.....controlled opposition as they say.
Cannot invest in a decentralised asset from within a centralised and manipulated system.
Self custody your coins in a hardware wallet.
$32.5 million? Sure thats not billion?
Great info thank u both
Give us names of a decentralized exchange please we can use from the USA.
Coinbase is not only a bank as someone mentioned on this thread they are also collecting unnecessary information that's mind-boggling
Buy Tangem, become your own bank , goodnight
Is holding a coinbase wallet the same then or?
Great advice 😊
sounds like I need to be in COIN stock
Absolutely.This time next year cb stock🚀🚀
@@WillS-pl8wg Ok, support the very entities stealing your freedoms.
Thanks for the info. Your appreciated.
Nice report
Thanks!
Thsnks for this, this is The bwginnimg guys. Be safe out there 🙏🙏
are we giving too much control to Coinbase? I only have a fraction of my shit with them even though I think they might be the next crypto bank of the world
Cex’es are becoming a problem because not everyone is on every exchange allowed, so a part of the liquidity sitting in these columns.
We need a cex on icp which can connect to alle dex’es!
Yes, spot on. Very valuable skill.
Love your videos
What I do not like about Coinbase are the 3% they take from every transaction. Difficult to make a profit like that.
Thank you! You guys are great. The videos are packed with great info and philosophy.
Coinbase is a central point of failure or attack.
Which DEX exchanges do you recommend?
Have you heard of the exchange called Nexo ?
I had my btc wrapped up in Robinhood where I created a RH wallet, then sent it to my hardware wallet. Have I done this the wrong way if I wanted to be anonymous?
Thanks Heidi! How does 'bitcoin get seized'?
Well said Heidi 😂😂😂
Great upload.... 🏄♂
I was told by my CPA that only off ramping crypto to fiat is a taxable event. Crypto is property. A lot more to it but he said people are volunteering their trades when they don’t legally have to.
What do you think the tax implications for the ASI token swap will be for US citizens? Is this considered a chain fork?
That’s was actually a good video. Thank you
I agree 100%
Wow. What ramps can we use besides Coinbase if USA bound?
so what wallet would you guys recommend we store our crypto on? a ledger nano x?
Yea I wonder about that too if Ledger is still a safe option to store crypto long-term
It is. They never went through with the draconian feature.
Despite all the FUD, Ledger has the highest level of 3rd party confirmed security
Would Tangem be a good cold wallet?
They tell us not to use coinbase but won't give us a recommendation on what to use
Like the slightly longer video here🎉 George Carlin shout out! I knew I liked you guys for a reason ❤
Thanks! ☺️
ASI Happiness comes from within 😮
Is Bisq the only off-ramp in the USA? Thx
Bisq is a great DEX, is doesn’t have a geolocation.
Coinbase takes Kyc to a whole new level
Yeah everyone moving to safer options, cause other things becoming too risky closer to the next pump.
About time
How do you cash your money out of a self custody wallet?
Send it to an exchange to trade.
@@CryptoTips maybe you guys should do a refresher on this? There are a bunch of folks new to the game that seem to confuse holding, and trading. It amazes me that there are people who would not leave all their money in a Chase account, but would leave it on Coinbase. (For anyone reading this - if you don't hold the keys, you don't own the coins. same for cash. same for gold.)
I think maybe QFS (Quantum Financial System) might be a good alternative to Coinbase (?), removes 3rd party.
And where can I exchange crypto for currency without exchanges like coinbase
Bisq App, peer to peer trading
Uphold, MoonPay, etc.
Bisq
Only btc
Always has been, yeah.
I wish you would actually show us the articles you are referring to. We need receipts to show what you are talking about or is thus your opinion.
Heidi is awesome
Heidi Rules ! 🎉😊
All I heard was buy coinbase shares and/or call options
The criminal Coinbase will not let one transfer your cryptos bought on their exchange to your wallet! BS!
TRON
Thanks for this reality check about Coinbase… I wanted to think they had good intentions.
😏
BTC 59k
I use coinbase😊
👍👍👍
btc 57k
Those of us who have to pay taxes buy Bitcoin ETFs in tax-free and retirement accounts for the tax benefits; however, I also hold an equal amount of 'physical' Bitcoin for insurance.
No human being is supposed to pay extortion fees.....oops, 'tax'
@@littlered7820 I'd expect to pay some tax, but the gov't spends too much and therefore takes too much. If we paid no taxes, the country would look worse than a bombed out Bangladeshi suburb. Plus, we'd have to shop Road Warrior style due to no police. I doubt we'll ever have fair taxation. And I have no choice to move due to caring for my ageing parents.
Thank you Heidi. Even if Blackrock gave people "their" Bitcoin they are already 'KYC'd" into Bitcoin.
Blackrock's clients generally won't care for self-custody. Russell Brand allegedly lost access to 1000 btc he was given 10 years ago.
The only case we won't know about is ripples
Did you buy 0x0 yet?
Yeah a long time ago
👍
“honest crypto currency companies”. That’s funny.
Sounds like coinbase has been govermentized
HSBC, and all kinds of transnational tax planning tricks, remember the Panama papers and paradise papers..?
Revolut the best…..
Central Bank Digital Coinbase 😂
Make-up is back, thats my girl!!!
Just a little bit paranoid.
I think you mean experienced
Truly unless I was holding it in my own hands I'm left to trust somebody or something. Self custody wallets have been hacked. I have my crypto in a wallet, coinbase and a Roth Ira. I appreciate your contribution to helping people with qualified advice. Cheers
I hope Blackrock doesn’t buy Coinbase…. That would be bad!!
Also, Heidi, the decentralized dex that you use to talk about is VERY VERY LIMITING!!!
Thx for the info.
Don't care. Make money
AI are dead won't do nothing in this bull run retail are staying away
new ruling is good for crypto bad for every other aspect of society.
Get out of the US, get a new citizenship. Renounce your US citizenship. If they audit your taxes you're screwed. Comply with all your tax laws and stay out of jail until you can get to a friendly or inept jurisdiction.
A L G O R A N D
Coinbase is garbage exchange knew this a while back
Unless we return to peer to peer trades, Coinbase et al are necessary.
Funny how these people are against every Exchange that is doing great and refused to sponsor them
More threats about crypto.. not a good look for crypto. This channel constantly has threats about crypto
Not a good look for the United States and scammy fucking coinbase
Counbase is fine
Help them with thier overeach 🤣🤣
How decentralized is that Ethereum now?...🤣🤣🤣🤣🤣
Centralización is necesary for BITCOIN to scale, other coins can skip Coinbase, not Bitcoin
you only look at the cons, the pros is that coinbase will provide more liquidity in the market, isn't that what we want?
Liquidity at the cost of all else ? No tks..... Anyway, the tether to fiat is what is causing all these conflicts. Ppl haven't bothered to actually read the Sat White Paper....peer to peer is what it is all about. Period.
nobody cares
Screw crypto! Let's all go back to working in McDonalds
Do you want fries with that? 🙄
maybe us AI to fix the shake machine
@@larrylewis6725 No thanks. The last time I ordered fries was half way filled.
Ai crypto is dead
Almost fall asleep.
Fall asleep all the way to the bank my friend
@@scotth5237 Firstly i don't use a bank DO YOU? But your retorik on here get tiring same as on twitter and other hyper pump influencers!
are these wallets good/safe?
Daedalus.
Eternl.
Yoroi.
Nami