Idgaf... I'm leaving my coins on an exchange where it is insured... Too many scams out there that even crypto vets are falling for.

Last night several threads warned about Trezor phishing scam and almost on cue, today I read a post by 7 year crypto veteran that he fell for it and lost everything, about $72,000 in Bitcoin.

It can happen to anyone. You're tired, arguing with your gf, distracted, etc... nobody is perfect. He lost everything. I can't afford that. Shit gives me nightmares.

I've been intending to buy a Trezor for some time now, but I keep hesitating. I've been so nervous about the whole thing. What if I lose my seed phrase? I live n NYC, someone breaks into my apartment, a fire, collapse, etc.. call me paranoid.

Now that Coinbase One offers insurance, I'm not even going to worry about cold storage. I sleep better this way. I don't care about all the "not your keys not your coins" arguments. I have a legally enforceable contract with Coinbase now that I pay for.

True, it's price is kinda steep at $30 a month, but to me it's worth it. It comes with no trading fees which sweetens the pie. Also comes with "priority" customer support, which I tested and only had to wait 2 minutes before I was speaking to a live agent.

So yeah, fuck that. I'm just too paranoid. If US gov ever looks like it's on the verge of collapse, then yeah, I might put it in cold storage before I bounce out of the country. Until them I rest easy with my coins insured on an exchange.

Let the hate begin...

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Edit 3: For those of you who calling me a shill, here is a link to the review I wrote a week ago about CB One. It's a fair review. Just my expereince. I don't sugarcoat anything. https://np.www.reddit.com/r/CryptoCurrency/comments/tsi85k/is_coinbase_one_worth_it_1_week_review/

EDIT 2: As mentioned, I live in NY. Only CB and Gemini are available here. Kraken and CDC and Binance are not available in NY. I know that CDC also offers insurance up to $250K and they don't charge for it so long as you use 2FA and whitelisting.

EDIT 1: Here is a link to the Coinbase Insurance T&C for those who have been asking for it.

https://www.coinbase.com/legal/user_agreement/united_states#coinbase-one

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