> For a community of hackers, there really seems to be a lack of vision when it comes to crypto specifically.
To be fair as a Bitcoiner, Coinbase represents THE WORST most toxic aspects of our ecosystem since MTGOX, and that may be stretching it because at least Mark didn't try to behave like a bank, he just kept messing up and was way over his head in a nascent economy. Coinbvase is a YC and VC backed compnay, eith all the trimining a predatory survielence based business from the valley has on top of MTGOX's unreliability.
Honestly,and used to want to work for them in the early days: screw coinbase, I hope they get wiped out before they sell to a institutional bank and hand over their large BTC reserves. I'd welcome the large price drop if they did, too!
To be fair as a Bitcoiner, Coinbase represents THE WORST most toxic aspects of our ecosystem since MTGOX, and that may be stretching it because at least Mark didn't try to behave like a bank, he just kept messing up and was way over his head in a nascent economy. Coinbvase is a YC and VC backed compnay, eith all the trimining a predatory survielence based business from the valley has on top of MTGOX's unreliability.
Honestly,and used to want to work for them in the early days: screw coinbase, I hope they get wiped out before they sell to a institutional bank and hand over their large BTC reserves. I'd welcome the large price drop if they did, too!
Vulture capitalism is what they did before, so...