Fraud no. Greedy yes. Complacent yes.
BY RIGHT you should expect one of the top service / biggest entity in the crypto industry to provide top notch service by trying to keep up with the trend but instead it's the other way around. Thi
No "BY RIGHT" customers should expect to be notified if the company wishes to not engage is specific areas of the industry that their customers would expect.
A business' ability to provide service today does not entitled the customers the right to have the service provided forever or for service to be expanded.
The customers have a right to know what the company intends to do and to have adequate time to make changes as needed (i.e., discontinue the relationship with the business). Coinbase fulfilled this obligation. If someone ignored their notifications and suggestions or ignored the personal email that Coinbase sent to every account owner, that's the customer's fault.
Imagine if BoA do this even if they announce weeks or month before, I don't think it will just be contained at the Bitcointalk level. Even at the internet level, that would have dealt significant damage to them and I can't even start to think of physical consequences (protest?, etc).
If BoA did this their notice to customers would suffice to legally absolve them of any wrongdoing.
I'm SHOCKED had how much frustration there is with Coinbase among a community that celebrates a currency that has inherent "buyer beware" requirements. Bitcoin is a system where YOU are required to manage YOUR balance...the fact that people are upset because they failed to manage their balance is laughable.
