I'd rather trust a publicly-traded company in the United States which has serious accountants certifying the validity of their books and plenty of assets subject to seizure in the the same jurisdiction I live in than some guys who at least one state has already decided don't have the money.
I'm working on my HN etiquette but it's been a long week. If I act a like a fucking smartass, call me on it, and I'll return the favor. Don't be a smartass.
I'm going to posit that the burden is on the person carrying both an empty briefcase as far as new information/insight and the word "idiot" is also carrying the burden to issue a substantiative challenge to a thesis that is legible if not eloquent.
What part of "I'd much prefer to hold USDC than USDT personally because I think not all accountants are Arthur Anderson-level criminals" are you objecting to exactly?
Basically, you're just trusting Coinbase.