News for hackers. Stuff that matters.
Re:Coinbase is launching support for the USDC stablecoin by lawn on Tuesday October 23, 2018 @03:08PM (#18286422)
> Why the hell would I buy Bitcoin to buy stuff on Amazon through a proxy site

Because they give discounts up to 15%.

I'm sorry it doesn't fit your narrative but there are reasons to prefer cryptocurrencies.

Re:Coinbase is launching support for the USDC stablecoin by briatx on Tuesday October 23, 2018 @04:26PM (#18287141)
Like a lot of the crypto currency space purse.io is shady and likely promoting thinly veiled money laundering.

Ask yourself if the discount is worth the risk of experiences like this:

https://www.reddit.com/r/Bitcoin/comments/4zczow/my_experien...

Re:Coinbase is launching support for the USDC stablecoin by hudon on Tuesday October 23, 2018 @03:13PM (#18286472)
15% sounds about right to offset the fraud risk, volatility risk, exchange fees, network fees, network congestion, transfer delays, fork risk, catastrophic bugs, and theft risk :)

We all have narratives, buddy. Mine just doesn't hinge on gambling and crypto-anarchic utopia.

Re:Coinbase is launching support for the USDC stablecoin by pjc50 on Tuesday October 23, 2018 @03:50PM (#18286800)
Why are they giving such a big discount? The transaction fees are nowhere near that high. Could it be that they're reselling fraudulent giftcards?