Keeping some of your coins in coinbase vault is a good idea if your not 100% sure about your offline storage solution, they should be safe from hackers there but government is another thing.
Have a look at something like Ledger or Trezor wallets.
Always a good idea to spread your BTC savings about a bit.
I always keep 70% cold storage, 20% Coinbase, 10% hot wallet or similar.
Topic: Government confiscation - page 5. (Read 6742 times)
I keep about 80% of my bitcoins in my Coinbase (US company) online vault, and about 20% online in my BTC-E (foreign company) account. I always have a teeny tiny worry in the back of mind that I'll wake up one day and the headlines will read "US Government bans Bitcoin, freezes all Bitcoin assets" and I will be unable to access my Coinbase coins. Am I paranoid?
Yes. I think you might have a tinge of paranoia.
In reality, the bitcoin "caretakers" have all been co-opted by the establishment, and are now, for the most part, under its control. Thus, there would be no reason for the US Government to ban the currency.
Paranoid is the new sensible 
But seriously, given exchange and wallet failures over last 2 or 3 years, ANY site seems to have about a 10% risk of getting fucked, whether by mismanagement, incompetence, hackers, regulation, just plain scamming or whatever.
So yeah, wouldn't leave coin on any of them.
But seriously, given exchange and wallet failures over last 2 or 3 years, ANY site seems to have about a 10% risk of getting fucked, whether by mismanagement, incompetence, hackers, regulation, just plain scamming or whatever.
So yeah, wouldn't leave coin on any of them.
I keep about 80% of my bitcoins in my Coinbase (US company) online vault, and about 20% online in my BTC-E (foreign company) account. I always have a teeny tiny worry in the back of mind that I'll wake up one day and the headlines will read "US Government bans Bitcoin, freezes all Bitcoin assets" and I will be unable to access my Coinbase coins. Am I paranoid?
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