Oddbean new post about | logout
 Had a family member almost fall for Coinbase scam. Luckily they didn’t know their own info and could not accommodate the scammer 🤣 

That’s why you never take calls… 
 Glad they didn't get hurt. I get scam calls everyday. Phone numbers are shitcoins. 
 I haven’t answered a call from an unknown number in a decade. 
 Sadly too many people do.  
 That's wild.  
 That’s why you don’t leave anything in Coinbase… 
 Listened to a @Natalie pod recently with @River and was astonished that a lot of people opt for custodial. Ok here come the rant…

It’s really not that hard:

1. Your seed phrase is a random number unguessable by any computer in your lifespan.


2. As long as you don’t give that seed phrase to anyone your money can never be taken no matter what anyone says.

3. (More nuanced) if you store that random number in a hardware wallet and someone can’t access it physically 1+2 provides you the greatest property rights any human has ever known. 
 You are coin based 🫡