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I wonder what percentage of the crypto population has wallets compared to having all their crypto on an exchange. I don’t know anyone with a wallet.

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having all of your currency on an exchange, regardless of the currency, has never been a good idea.

(signed a MtGox victim.)

The problem with that is, these networks are rather convoluted and are basically unusable for most people without relying on exchanges or other similar services.

It's no different than doing it over an exchange... The same fields are available on an application wallets and on an exchange. There's nothing convoluted there.

> if the people in the vanguard of this movement can't figure this out

the people “in the vanguard of [the cryptocurrency] movement” absolutely use non-custodial wallets (SW or HW). the part of this story where “the vanguard” is using custodial wallets is the least believable.

the average speculator, sure — they’ll go with whatever’s easiest for them, which is probably to keep their crypto on the exchange. “vanguard” users? lmao.

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