LogFAQs > #962637933

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Topic	What's the benefit if everyone invests in cryptocurrency?
Dat_Cracka_Jax 02/14/22 7:59:53 AM #9:	VigorouslySwish posted... At the very least you can park some cash on a stablecoin and get like 8% apy vs the banks that give like 0.01% apy stablecoins stay pegged to usd and are used in defi swaps Let's say I move my savings account into Coinbase and put it in usdc for the 8% apy. Am I just fucked if Coinbase gets "hacked" and my wallet is compromised? I feel I see a lot of articles about exchanges getting crypto stolen from them --- http://img826.imageshack.us/img826/8131/flame201010170949481638.jpg http://img705.imageshack.us/img705/5517/cateyes.gif Rams: 7-9 <cite>Dat_Cracka_Jax posted [p:962637933] in What's the... [t:79898365]...</cite> <quote>VigorouslySwish posted... </cite> <quote>At the very least you can park some cash on a stablecoin and get like 8% apy vs the banks that give like 0.01% apy stablecoins stay pegged to usd and are used in defi swaps</quote>Let's say I move my savings account into Coinbase and put it in usdc for the 8% apy. Am I just fucked if Coinbase gets "hacked" and my wallet is compromised? I feel I see a lot of articles about exchanges getting crypto stolen from them --- http://img826.imageshack.us/img826/8131/flame201010170949481638.jpg http://img705.imageshack.us/img705/5517/cateyes.gif Rams: 7-9</quote> ... Copied to Clipboard!
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