Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I...
by durgiston on Friday December 15, 2017 @02:42PM
(#15934424)
If a new investment firm took this long to have securities show up in your account, they'd be shut down faster than you can say SEC. Coinbase isn't exactly a new t-shirt company working out issues with their silk screener, they're an allegedly $20B (alleged) currency exchange. They have a higher standard to meet.
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Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I...
by shrimpx on Friday December 15, 2017 @02:54PM
(#15934523)
I can see how Silicon Valley standards have to rise up to Wall Street standards and they're not there yet. Tech like Auto/Finance/Space are new to SV and they're all full of scaling woes. Traditionally "SV style" has been to be scrappy and accept a healthy amount of breakage, and never say no to incoming demand, even if it's crippling your platform.
You have a point that SV needs to get into the mindsets of the industries they are trying to disrupt and rise to those higher standards.
Re:Coinbase Wants Wall Street to Resolve Its Bitcoin Trust I...
by shrimpx on Friday December 15, 2017 @03:02PM
(#15934588)
To add another point, Coinbase is in unchartered territory. I want to see a new cryptocurrency investment firm show up on the market and function without a hitch. Companies like Coinbase are the only datapoints so far in this space.