[Meekro]

Yes, what happened was the seller went through the initial setup process for the wallet and put a nice-looking laminated card in the box with the recovery key. The buyer didn't realize there was something unusual about this, and didn't re-generate the keys before using the wallet.

My point is, many investors are worried that they'll make a mistake, lose all their money, and then people will just shrug and call them stupid when their story hits HN the following day. With this Coinbase fund, there is no such risk.