[ExI] The prodigal son returns -- Pathfinder

Dave Sill sparge at gmail.com
Fri Nov 10 16:20:07 UTC 2017


On Fri, Nov 10, 2017 at 10:50 AM, Jeff Davis <jrd1415 at gmail.com> wrote:

> Gail's step-sister, who has control issues, insisted that we must take our money out of the exchange and put it in our own hard wallet, for security reasons, lest the Exchange be hacked. I gave it some thought, asked myself who has better security, me at the house, or the exchange with millions of dollars in Revenue per day on the line?   I decided to go with the exchange. Coinbase. We do have a hard wallet but we haven't used it yet.
>
> Yeah, that not an easy call. You'd think Parity, holding hundreds of
millions in Ether, would be pretty secure, too. But, no: it's gone.

Exchanges have a rough history. Security isn't easy and they're very
attractive targets.

If I had substantial holdings most of them would be in cold storage,
completely offline.

-Dave
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