Daily Discussion, January 13, 2023
Please utilize this sticky thread for all general **Bitcoin** discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!
If you don’t get an answer to your question, you can try phrasing it differently or commenting again tomorrow.[Join us in the r/Bitcoin Chatroom!](https://discord.gg/K5H25KZHke)
Please check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/109td83/lightning_thursday_january_12_2023_explore_the/) for unanswered questions.
Exchanges don’t have the bitcoin. Get your coins off the exchanges ✌️
Coinbase would have you believe that their repeated and prosecuted examples of insider trading are isolated incidents as one of their product managers is sentenced to 10 years in jail.
Coinbase Ventures turns insider trading into a base business model. Coinbase has screwed you as a user from day one, warantlessly giving your information away, trading against you, attacking the protocol, hiring literal hacking teams, taking illegal securities money to promote misinformation and scams, and directly sponsoring scams.
If you still support or enable these bad actors I have an honest and genuine good faith question for you. WHY?
[Here](https://cp4space.hatsya.com/2021/09/10/hamming-backups-a-2-of-3-variant-of-seedxor/) is an interesting read for a 2of3 XOR seed backup. Kind of like multisig behaviour but with a single sig footprint on chain, so you have plausible deniability in a wrench attack and can surrender a less valuable quantity of BTC attached to one of the N parts.
I’m hodling fiat.
so, do you thnk we bottomed? My last buy was at 16k,