Coinbase is a Growing Threat to Crypto Sovereignty

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  • čas přidán 4. 07. 2024
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Komentáře • 158

  • @CryptoTips
    @CryptoTips  Před 2 dny +5

    Want to stay educated? Go here: learningcrypto.com/

  • @chopsinistra4860
    @chopsinistra4860 Před 2 dny +18

    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 🙏🏻

  • @Timas_Arya
    @Timas_Arya Před 2 dny +18

    Day by day, Coinbase is sounding more like an arm of the government. Thanks Heidi!

  • @merlinsreturn
    @merlinsreturn Před 2 dny +18

    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.

  • @NeuroPulse
    @NeuroPulse Před 2 dny +10

    We are the cattle. Regulations are the funnel. Coinbase is the kill box.

    • @tovarco
      @tovarco Před dnem +3

      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.

    • @Joystickoperator
      @Joystickoperator Před 4 hodinami

      So what to actually do?

  • @NICETraderHOMSTER
    @NICETraderHOMSTER Před 13 hodinami +36

    BTC and other major coins may have passed their prime, but projects like Pepennedy are just getting started. Are you onboard yet?

  • @JorgeRodriguez-iq7vb
    @JorgeRodriguez-iq7vb Před 2 dny +4

    I can't wait to get out of this country. George Carlin told us how everything really was/is/will be.

  • @cryptomiikey
    @cryptomiikey Před 2 dny +3

    Great info thank u both

  • @sylvesterstallone9019
    @sylvesterstallone9019 Před dnem +1

    Great advice 😊

  • @didactica9326
    @didactica9326 Před 2 dny +11

    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

    • @scotth5237
      @scotth5237 Před 2 dny +1

      Yes Federal Reserve notes are the worst kind of company scripp!

    • @MortonT1958
      @MortonT1958 Před 2 dny

      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.

    • @joshuamurray9403
      @joshuamurray9403 Před 2 dny

      Fuck the government!!! I won't pay the beast that exists on the throne!

  • @jimcuddy7407
    @jimcuddy7407 Před 19 hodinami +1

    Love your videos

  • @winter-warehouse_com1153

    Can you recommend a way to on ramp usd with something other than coinbass ?

  • @johnborrego1187
    @johnborrego1187 Před 4 hodinami

    Thanks for the info. Your appreciated.

  • @jeremywulff9947
    @jeremywulff9947 Před 2 dny +4

    Buy Tangem, become your own bank , goodnight

  • @BobthePilot
    @BobthePilot Před dnem +1

    Nice report

  • @chelsonnen6080
    @chelsonnen6080 Před dnem +4

    Coinbase will be the point of BTC confiscation in the future...during the next world depression IMO.

  • @pjones9088
    @pjones9088 Před dnem

    Great upload.... 🏄‍♂

  • @HowardARoark
    @HowardARoark Před 15 hodinami

    Yes, spot on. Very valuable skill.

  • @nobodynothing9950
    @nobodynothing9950 Před 2 dny +7

    sounds like I need to be in COIN stock

    • @WillS-pl8wg
      @WillS-pl8wg Před 13 hodinami +1

      Absolutely.This time next year cb stock🚀🚀

  • @dwaynejones1555
    @dwaynejones1555 Před 2 dny +2

    Coinbase is a central point of failure or attack.

  • @channel1_channel
    @channel1_channel Před 2 dny +12

    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.

    • @mrmayhem88
      @mrmayhem88 Před 2 dny

      But dont you see The problem here?

    • @Zmej420BlazeIt
      @Zmej420BlazeIt Před dnem

      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.

    • @more_money5583
      @more_money5583 Před 2 hodinami +1

      CIRCUITS OF VALUE COVAL A GOOD PLAY?

  • @dijidal
    @dijidal Před dnem +3

    $32.5 million? Sure thats not billion?

  • @aeligos
    @aeligos Před 2 dny +3

    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?
    🤔

  • @msporter1
    @msporter1 Před dnem +3

    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

  • @SpikeyOfficial
    @SpikeyOfficial Před 2 dny +2

    Is holding a coinbase wallet the same then or?

  • @mrmayhem88
    @mrmayhem88 Před 2 dny +1

    Thsnks for this, this is The bwginnimg guys. Be safe out there 🙏🙏

  • @phlezktravels
    @phlezktravels Před 2 dny +4

    Self custody was taught by Mt Gox. Keep spreading the message!

  • @ListenToMeSlowly
    @ListenToMeSlowly Před 23 hodinami +3

    Coin base is a bank

  • @NaperekorSoodbe
    @NaperekorSoodbe Před 13 hodinami

    Thank you! You guys are great. The videos are packed with great info and philosophy.

  • @luapnomis21
    @luapnomis21 Před 2 dny +1

    ASI Happiness comes from within 😮

  • @ritmos2380
    @ritmos2380 Před dnem

    About time

  • @draterlarebil4506
    @draterlarebil4506 Před 2 dny +6

    Well said Heidi 😂😂😂

  • @jal75
    @jal75 Před 2 dny +3

    Which DEX exchanges do you recommend?

  • @Yobinski4900
    @Yobinski4900 Před 2 dny +4

    Like the slightly longer video here🎉 George Carlin shout out! I knew I liked you guys for a reason ❤

  • @reylove33
    @reylove33 Před 6 hodinami

    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.

  • @douglaswilliams774
    @douglaswilliams774 Před 2 dny +1

    Have you heard of the exchange called Nexo ?

  • @ytrgacc1976
    @ytrgacc1976 Před 2 dny +1

    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!

  • @rkeyology81
    @rkeyology81 Před 2 dny +1

    What do you think the tax implications for the ASI token swap will be for US citizens? Is this considered a chain fork?

  • @paradise6606
    @paradise6606 Před dnem +2

    Give us names of a decentralized exchange please we can use from the USA.

  • @phlezktravels
    @phlezktravels Před 2 dny

    Always has been, yeah.

  • @john-vv1ln
    @john-vv1ln Před dnem

    you only look at the cons, the pros is that coinbase will provide more liquidity in the market, isn't that what we want?

  • @douglaswilliams774
    @douglaswilliams774 Před 2 dny +1

    Heidi Rules ! 🎉😊

  • @Dori-cf7wo
    @Dori-cf7wo Před dnem

    Unless we return to peer to peer trades, Coinbase et al are necessary.

  • @Ashley-nk3we
    @Ashley-nk3we Před 13 hodinami

    Heidi is awesome

  • @ShSh-jk3dx
    @ShSh-jk3dx Před 2 dny

    👍👍👍

  • @nisbit3883
    @nisbit3883 Před dnem

    BTC 59k

  • @fstover5208
    @fstover5208 Před 2 dny

    I think maybe QFS (Quantum Financial System) might be a good alternative to Coinbase (?), removes 3rd party.

  • @Brandos_channel
    @Brandos_channel Před 15 hodinami

    Yeah everyone moving to safer options, cause other things becoming too risky closer to the next pump.

  • @ctla8779
    @ctla8779 Před 2 dny

    Is Bisq the only off-ramp in the USA? Thx

    • @CryptoTips
      @CryptoTips  Před dnem

      Bisq is a great DEX, is doesn’t have a geolocation.

  • @keepitsteady777
    @keepitsteady777 Před 9 hodinami

    All I heard was buy coinbase shares and/or call options

  • @grizzlymack8494
    @grizzlymack8494 Před dnem

    The criminal Coinbase will not let one transfer your cryptos bought on their exchange to your wallet! BS!

  • @jesselee4405
    @jesselee4405 Před 2 dny

    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?

  • @1967MGC
    @1967MGC Před dnem

    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.

  • @ShSh-jk3dx
    @ShSh-jk3dx Před 2 dny

    👍

  • @nisbit3883
    @nisbit3883 Před 17 hodinami

    btc 57k

  • @vince2837
    @vince2837 Před dnem

    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.

  • @womblestacker7993
    @womblestacker7993 Před 2 dny

    The only case we won't know about is ripples

  • @alleyjoy2307
    @alleyjoy2307 Před 6 hodinami

    Thanks for this reality check about Coinbase… I wanted to think they had good intentions.
    😏

  • @user-xt2uk2jr5p
    @user-xt2uk2jr5p Před 2 dny +1

    so what wallet would you guys recommend we store our crypto on? a ledger nano x?

    • @evanforsell5322
      @evanforsell5322 Před 2 dny +1

      Yea I wonder about that too if Ledger is still a safe option to store crypto long-term

    • @phillipsjuan3871
      @phillipsjuan3871 Před 2 dny +1

      It is. They never went through with the draconian feature.

    • @AFTone144
      @AFTone144 Před 2 dny +1

      Despite all the FUD, Ledger has the highest level of 3rd party confirmed security

    • @larrylewis6725
      @larrylewis6725 Před 2 dny +3

      Would Tangem be a good cold wallet?

    • @user-xt2uk2jr5p
      @user-xt2uk2jr5p Před 2 dny

      They tell us not to use coinbase but won't give us a recommendation on what to use

  • @cpg1388
    @cpg1388 Před 17 hodinami +1

    TRON

  • @vapesnob7603
    @vapesnob7603 Před 2 dny +2

    How do you cash your money out of a self custody wallet?

    • @CryptoTips
      @CryptoTips  Před dnem +1

      Send it to an exchange to trade.

    • @Miner-dyne
      @Miner-dyne Před 11 hodinami

      @@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.)

  • @billfrenger8955
    @billfrenger8955 Před 2 dny

    Thank you Heidi. Even if Blackrock gave people "their" Bitcoin they are already 'KYC'd" into Bitcoin.

    • @channel1_channel
      @channel1_channel Před 2 dny

      Blackrock's clients generally won't care for self-custody. Russell Brand allegedly lost access to 1000 btc he was given 10 years ago.

  • @johnmacmac7550
    @johnmacmac7550 Před 2 dny +2

    And where can I exchange crypto for currency without exchanges like coinbase

  • @genesis3157
    @genesis3157 Před 2 dny

    “honest crypto currency companies”. That’s funny.

  • @gilbertgrejp
    @gilbertgrejp Před 2 dny

    Did you buy 0x0 yet?

  • @vktravellog1242
    @vktravellog1242 Před 3 hodinami

    Sounds like coinbase has been govermentized

  • @sbcchartering4764
    @sbcchartering4764 Před dnem

    Revolut the best…..

  • @dijidal
    @dijidal Před dnem

    Central Bank Digital Coinbase 😂

  • @lastofthe8dayoldcollardgre4

    Make-up is back, thats my girl!!!

  • @drtkn10
    @drtkn10 Před 2 dny

    Don't care. Make money

  • @beofonemind
    @beofonemind Před 2 dny

    new ruling is good for crypto bad for every other aspect of society.

  • @womblestacker7993
    @womblestacker7993 Před 2 dny

    AI are dead won't do nothing in this bull run retail are staying away

  • @longevityisthekey7982

    Just a little bit paranoid.

    • @CryptoTips
      @CryptoTips  Před dnem

      I think you mean experienced

    • @longevityisthekey7982
      @longevityisthekey7982 Před dnem

      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

  • @metalgirl
    @metalgirl Před 2 dny +1

    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.

  • @AudricDenis
    @AudricDenis Před 2 dny

    Coinbase is garbage exchange knew this a while back

  • @DanielMurrey
    @DanielMurrey Před 2 dny

    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.

  • @womblestacker7993
    @womblestacker7993 Před 2 dny +1

    Counbase is fine

  • @MrTrigz
    @MrTrigz Před 2 dny

    Help them with thier overeach 🤣🤣

  • @JeremyFisher
    @JeremyFisher Před 2 dny +4

    Funny how these people are against every Exchange that is doing great and refused to sponsor them

  • @robadams7233
    @robadams7233 Před 2 dny +2

    How decentralized is that Ethereum now?...🤣🤣🤣🤣🤣

  • @kevinosterling
    @kevinosterling Před 2 dny

    Centralización is necesary for BITCOIN to scale, other coins can skip Coinbase, not Bitcoin

  • @nisbit3883
    @nisbit3883 Před 2 dny +1

    More threats about crypto.. not a good look for crypto. This channel constantly has threats about crypto

    • @scotth5237
      @scotth5237 Před 2 dny

      Not a good look for the United States and scammy fucking coinbase

  • @aaronjames3127
    @aaronjames3127 Před 2 dny +1

    nobody cares

  • @imperialkhmer6146
    @imperialkhmer6146 Před 2 dny +1

    Screw crypto! Let's all go back to working in McDonalds

    • @larrylewis6725
      @larrylewis6725 Před 2 dny

      Do you want fries with that? 🙄

    • @Miner-dyne
      @Miner-dyne Před 11 hodinami

      maybe us AI to fix the shake machine

    • @imperialkhmer6146
      @imperialkhmer6146 Před 9 hodinami

      @@larrylewis6725 No thanks. The last time I ordered fries was half way filled.

  • @blackfeatherstill348

    Ai crypto is dead

  • @constructionworker-bc6ki

    Almost fall asleep.

    • @scotth5237
      @scotth5237 Před 2 dny

      Fall asleep all the way to the bank my friend

    • @constructionworker-bc6ki
      @constructionworker-bc6ki Před dnem +1

      @@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!

  • @skipskiperton4992
    @skipskiperton4992 Před 12 hodinami

    are these wallets good/safe?
    Daedalus.
    Eternl.
    Yoroi.
    Nami