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RE: A question to the Steemit community
sdred955 Thank you for taking so much of your time to talk about this . Another question for you though how safe do you think the coinbase cold storage wallet is .
That's been a hotly debated subject from what I've read. Personally I don't use it. I don't think it's an equal substitute for keeping your own encrypted set of keys. I do use coinbase regularly in the capicity which I described however. They are a responsible and reputable company and its likey that you would never have an issue using their cold storage. It really comes down to how in control you want be I suppose. It's like the vast majority of Windows users have never had their computers hacked or their data stolen. I still like how much more in control of my machine I feel using Linux. The trade off with being able to be more hands on is that I have to be more hands on because Linux makes fewer decisions for me until i tell it to. Another example would be driving a manual vs an automatic. Is one really 'more right'?
Thank you again sdred955 for all the time you spent here I up voted and followed you