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@ Dikaios1517
2025-05-15 16:46:15
Trusted 3rd parties are security holes.
You may think you can trust a company (you really can't), but can you trust each and every individual who works for that company?
Of course not. We all know this. Yet we give every personally identifiable detail about ourselves to them because it's required by regulation for them to obtain it in order to provide services we want.
We can bash on Coinbase, but the same is true of Strike, River, and anywhere else other than P2P exchanges like Robosats and Bisq. Dooes anyone really think these companies' employees are any more inherently trustworthy? Nah. They're fallible human beings like the rest, with the same temptations and desires.