If You Don’t Hold It, You Don’t Own It: A Cautionary Tale from Coinbase's Glitch

As cryptocurrency’s popularity continues to surge, a recent incident at Coinbase, the largest cryptocurrency exchange in the United States, has underscored the inherent risks associated with digital assets. This incident has left users reeling and has highlighted the pressing need for a deeper understanding of the risks involved in cryptocurrency investments. This event serves as a stark reminder of the old adage, “If you don’t hold it, you don’t own it,” particularly when comparing digitized currencies with tangible assets like physical gold and silver.