News for hackers. Stuff that matters.

A comment on Coinbase Co-founder: Ethereum Is the Forefront of Digital Currency. Parent comment

Re:Coinbase Co-founder: Ethereum Is the Forefront of Digital... by wyck on Tuesday May 24, 2016 @08:17PM (#11766699)
More likely Coinbase just started accepting ethereum trades because bitcoin is stalling and 2-3 other strong platforms(aka competitors) already offer it.

His basic point was related to bitcoin being not great "beyond store of value and speculation.", and how etherium is magically going to avoid that with killer apps.... sure...that is bubble speak for solving problems that don't actually exist.

[ Parent | on HN ]
Re:Coinbase Co-founder: Ethereum Is the Forefront of Digital... by billions on Wednesday May 25, 2016 @02:31AM (#11768015)
I think you hit the nail on the head: he has a vested interest and ethereum presents a runway for coinbase.

IMO Bitcoin's problem, as depicted by this thread, is complexity, which ethereum adds more of instead of less. Make money work first, then create specialized verticals after.

[ Parent | on HN ]