josh trying to subtly hint it was his idea originally , what coinbase is doing
"We built our own echange in to our platform, with no fees.
We built a gift card program in to our platform......."
https://hashtalk.org/topic/30285/coinbase-opens-exchange-without-fees-looks-like-they-rose-to-gawceo-s-challenge/21some of the best comments thou, some sane rational people replying and telling him to shut his shit up
reply to @gaw
"@GAWCEO It's like saying Coinbase didn't already have the plan in the works though. You don't just come up with an idea and exchange on the fly. It was likely in their blueprint already. Also I seem to be missing the part of the working gift card program. That's still basically an idea that's not currently implemented."
"And paybase hasn't guaranteed no fees forever.
What concerns me more is that the articles said it took Coinbase 5 months just to get 25 states' approval. How long will it take paybase?"
"well at least their gift cards lasted longer than an hour and didnt plumet the price of bitcoin to $0.05"
"Not sure what to say here, just wow...
The redtape it takes to launch an exchange that is available in all 50 states at once, even using the regulations that oversee stock/commodity exchanges is insane, they have likely been looking to do this for quite sometime. Also, they are not the first, I will list some other btc exchanges that have been around for at least a year that are not limited by state money regulations.
Atlasats
coinsetter
Both of the aforementioned have been around longer than gaw was selling hardware, so to say that coinbase was rose to gaws challenge is naive at best, childish at worst."
"@GAWCEO said:
We built our own echange in to our platform, with no fees."
@miramyn
"Not to mention the term "built" is definitely being used in the loosest sense possible.
Built would imply creating something, not buying an existing exchange and INTEGRATING it into the platform.
And for building a gift card program?
Implementing an existing API into the platform is hardly building a gift card program since most of the heavy lifting was already done and freely available"