Core Concepts
Coinbase's involvement in Bitcoin ETFs attracts both hackers and government scrutiny.
Abstract
Introduction:
Coinbase acts as a honey jar for Bitcoin ETFs.
Concerns raised about the risks associated with this role.
CEO's Concern:
Trezor CEO expresses worries about the security implications.
Holding large amounts of digital currency poses significant risks.
The Crux of The Matter:
Bitcoin ETFs are more accessible than Bitcoins.
Coinbase holds a prominent position in the Bitcoin ETF market.
Final Thoughts:
Caution advised when investing in Coinbase.
Decentralized finance presents both opportunities and uncertainties.
Quotes
"Picture this if you will. A huge bouquet of digital currency being held by a single entity? It’s like a neon sign reading ‘hack me’ for every tech-savvy thief and a big lollipop for governments!" - Matej Zak, Trezor CEO