Topic: Do not use Coinbase - page 3. (Read 576 times)
I am using Coinbase just for the purpose of storing and I haven't had any problem so far, But I never had a chance in using Coinbase Pro I thought I can have a problem in using it so I'd used Binance instead, But after seeing this news I had a second thought of really using Coinbase, But in my perspective I think all Exchange have a hidden agenda and we as humans surely have something that might come up in violating their authority over something or someone which that is a decision we as human make, And If Coinbase would turn to be that way then I think there is karma that will punish them in the End,
Coinbase will just become the next "Circle" or "Ripple", where they bend over to government pressure and greed to sacrifice their users. They hook you into their service with a bunch of empty promises in the beginning and over time greed cloud their basic principles and they completely change their business model to satisfy Banks and governments. 
People are slowly getting fed up with their poor customer support and "PayPal" type decision making, where accounts gets blocked for one sided decisions that are made by centralized organizations that are government puppets.
People are slowly getting fed up with their poor customer support and "PayPal" type decision making, where accounts gets blocked for one sided decisions that are made by centralized organizations that are government puppets.
Thankfully we have our own local Bitcoin wallet in our country that our trusted for so many years, it has a low transaction fee too. But when storing some huge amount of bitcoin I preferred for a hardware wallet instead of online wallet, you never know sometimes online wallets are very prone to hacks. like any other exchanges that we have seen in recent months.
Coinbase more bank than crypto.
I already stopped using coinbase.
But at the end of the day, it's still depending to the users to decide if they want to continue using them as their service is convenient for most. Some probably will just follow the trend.
But at the end of the day, it's still depending to the users to decide if they want to continue using them as their service is convenient for most. Some probably will just follow the trend.
Coinbase is the new form of banks of the future and obviously like any bank it is also corrupted. but similar to banks we use them because they offer services that people need and want to use. in the end everyone has to realize what they are getting into. i wouldn't say "not to use" coinbase, just don't have any illusions about what you are using.
Coinbase is exploiting the relatively few options consumers have even at this point. While there may be alternatives out there for buying cryptocurrency, I find Coinbase convenient, but ideally I'd use a service with lower fees. I agree their Neutrino acquisition should raise eyebrows.
Ambitions drives people to achieve something new and great but when too much could result to greed.
Brian Armstrong was a smart person and still is but I don't know why he just hastened everything, in just a short period of time he decided things that eventually resulted to angry users with #DeleteCoinbase boycott.
If he only just explain well his plans for the future of Coinbase before doing such things.
Brian Armstrong was a smart person and still is but I don't know why he just hastened everything, in just a short period of time he decided things that eventually resulted to angry users with #DeleteCoinbase boycott.
If he only just explain well his plans for the future of Coinbase before doing such things.
This is not a call for a move out of the purpose of righteousness but a practical call that Coinbase might become better and better in tracking your coins and might intrude in your privacy.
I reckon, maybe Brian Armstrong wants to be the Facebook of blockchain analytics hehehe.
Brian Armstrong, Coinbase CEO, the Zuck of the cryptospace
Coinbase, the largest US-based cryptocurrency exchange known for its ease of use and attractiveness to mainstream cryptocurrency users, has experienced some controversy as of late over their acquisition of Neutrino, a blockchain analysis startup that traces cryptocurrency transactions.
Neutrino was founded in 2016, and is a company based out of Italy that’s led by Giancarlo Russo, Marco Valleri, and Alberto Ornaghi.
The controversy surrounding Neutrino comes largely from the involvement of Valleri and Ornaghi, who before the establishment of Neutrino were executives of Hacking Team, an intelligence firm that sold spyware tools to government agencies around the world.
Hacking Team provided these tools to repressive regimes, including Sudan, Saudi Arabia, and Venezuela, who allegedly violated international laws and used those tools to monitor and endanger political dissidents, journalists, and activists. Essentially, the company put aside their morals and sold spyware and surveillance tools to regimes that perpetrated human rights abuses.
Read in full https://www.investinblockchain.com/will-coinbase-lose-users-controversial-acquisition-neutrino/
I reckon, maybe Brian Armstrong wants to be the Facebook of blockchain analytics hehehe.
Brian Armstrong, Coinbase CEO, the Zuck of the cryptospace
Coinbase, the largest US-based cryptocurrency exchange known for its ease of use and attractiveness to mainstream cryptocurrency users, has experienced some controversy as of late over their acquisition of Neutrino, a blockchain analysis startup that traces cryptocurrency transactions.
Neutrino was founded in 2016, and is a company based out of Italy that’s led by Giancarlo Russo, Marco Valleri, and Alberto Ornaghi.
The controversy surrounding Neutrino comes largely from the involvement of Valleri and Ornaghi, who before the establishment of Neutrino were executives of Hacking Team, an intelligence firm that sold spyware tools to government agencies around the world.
Hacking Team provided these tools to repressive regimes, including Sudan, Saudi Arabia, and Venezuela, who allegedly violated international laws and used those tools to monitor and endanger political dissidents, journalists, and activists. Essentially, the company put aside their morals and sold spyware and surveillance tools to regimes that perpetrated human rights abuses.
Read in full https://www.investinblockchain.com/will-coinbase-lose-users-controversial-acquisition-neutrino/
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