Coinbase and the moral compass


It is quite interesting, but in today news Coinbase admitted that, during the Twitter Hack, blacklisted the hackers wallets, and stopped more than 100 people to send up to $280.000. This is one of these cases when a centralised institution will act quickly in the interest of the client, without asking for permission. 

Now, if you were stupid enough to send your Bitcoin to Obama or Elon Musk to double them, will you be very upset that Coinbase robbed you of the oppotunity and didn't let you to act on your instincts, saving your money, or you will be grateful, once you find out you were close to lose your hard earned crypto?

From another point of view, this is also opening a whole can of worms. What if Coinbase decide to not let you to do something else with your money? Not preventing from losing, but for example (example randomly chosen), they will stop everyone to spend money in Latveria, as every fund used in their will help a dictature to stay in power? Who will draw the line for you? Who will decide your fate? 

The main question is:

Will you prefere to have a babysitter taking care of your crypto, preventing you to do silly, stupid things, without full access to your crypto or will you prefere to have your private keys, and learn through your mistakes, even if this will make you to lose money? 

I am listening...

G.

 

 

My crypto-related links  (check ratings - 1 to 5 stars based on my personal experience)

 

Games to gain crypto

***** League of Kingdoms - link here: similar with Heroes of Might and Magic or RoK (worldwide - paying in DAI)

***** DogeWars - link here (paying in Doge, 10-100 Doge initial investment, fight bosses and 1vs1 arena)

 

Exchanges

***** Binance( good for staking/savings ) - link here

***** Kucoin( good for staking/savings ) - link here

***** Coinbase( ideal for beginners )- link here  

****ChangeNOW (make your own exchange widget) - link here

 

Investments

**** BlockFi (decent interest rates, but less choices than Celsius) - link here

***** Celsius.network (good rates of interests and monthly codes for free crypto, 1235256530 => my referral for $10 bonus  ) - link here

**** Coinbundle (investing in crypto bundles) - link here  

**** Stakecube (staking, masternodes and very easy to claim faucets for 28 coins/tokens) - link here

 

Wallets for multiple cryptocurrencies

***** Coinpot - link here (microwallet for all Moon faucets, Bitfun and Bonusbitcoin)

***** Atomic wallet - link here (microwallet for Publish0x DAI, BAT and Loopring)

***** Sphere wallet (for Horizen, combined with the faucet for extra bonus) - link here  

**** Crypto.com wallet (good interest staking and 50$ bonus in MCO) - link here

 

Free crypto (faucets and more)

****Lbry.tv (free crypto for watching or making videos) - link here

****Bitfun( 3 min countdown - automatically deposit to Coinpot wallet ) - link here

****Bonusbitcoin( 15 min countdown - automatically deposit to Coinpot wallet ) - link here

****Moon Bitcoin ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here

***Moon Bitcoin Cash ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here

****Moon Litecoin ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here

****Moon Dogecoin ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here

***Moon Dash ( 5 min countdown - automatically deposit to Coinpot wallet ) - link here

***** Horizen faucet ( 20 hours countdown - automatically deposit to Sphere wallet - bonus ) - link here

***** Zcash daily faucet (20 hours cooldown - automatically deposit to Binance- bonus) - link here

*** Tezos faucet ( 7 days countdown - automatically deposit to Coinbase or Binance wallet ) - link here

** Tron and other crypto faucet (24 hours countdown) - link here  

 

Others

***** Publish0x blog (Free BAT, DAI and Loopring for reading/writing - can combine with Atomic wallet) - link here

***** Brave browser (Free BAT for using it, based on paid ads, very good AdBlocker and high speed) - link here    

***** Presearch search engine (Free PRE for using it, works well in combination with Brave browser) - link here    

 

Disclaimer: This text also can be re-published on my personal blogs, such as this one.

 

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Heruvim78
Heruvim78

I am a writer, gamer, healthcare professional. I am.


Crypto - I tested it, so you didn't need to...
Crypto - I tested it, so you didn't need to...

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