3min chapter

Millennial Investing - The Investor’s Podcast Network cover image

MI176: A Masterclass on Bitcoin Self-Custody w/ Tyler Campbell

Millennial Investing - The Investor’s Podcast Network

CHAPTER

Coin Base

When you own bit coin on an exchange, you essentially own an i o u. And another point worth mentioning is that these exchanges can be hacked. If these exchanges get hacked and they can't pay back all their clients, then you're subject to potentially losing your bit coin. Soi'm curious ar stomers, at some of these larger exchanges like coin base, are they insured against an event like this or how does that work if that were to somehow play out?

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