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0 sats \ 1 reply \ @SimpleStacker 6 May \ parent \ on: Conversation With A Boomer Buddy bitcoin
I actually do recommend Coinbase to people. Ultimately, I'd recommend that they take their Bitcoin off Coinbase, but it's a stepping stone on the path to learning, imo. The reason I view it more highly than an ETF is because you actually can move your Bitcoin off the exchange, and thus it actually is a step towards eventual self sovereignty.
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0 sats \ 0 replies \ @kepford 6 May
Yeah, I don't disagree provided they will move the bitcoin. That's the specific scenario I'm thinking of. If you refuse to custody and will never change your mind (impossible to know I guess) then the ETF might be more safe. Might be...
That said I have never recommended the ETF to anyone other than someone that had money in a tax advantaged account and didn't want to move to Unchained or cash it out.
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