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255 sats \ 26 replies \ @DarthCoin 20 Apr \ on: Coinbase Sends a Message to Bitcoin Miners bitcoin
A KINDLY: FUCK YOU COINBASE FOR THE WHOLE DAMAGE YOU'VE DONE TO THE BITCOIN WORLD.
FOR THE WHOLE DAMAGE YOU'VE DONE TO THE BITCOIN WORLD.
@Darthcoin is right
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should all businesses that make bad decisions be permanently shunned?
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Yeah that's a huge understating of what conbase did, but also what conbase is doing right fucking now.
Fuck conbase and shitcoin magazine both. They are birds of the same feather
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I'm much less concerned about them partnering with FEDs (Unless they went out of their way to do so, but otherwise one would just expect a company to comply with the government their based in otherwise they'd get shutdown) and much more concerned with how they actively fight bitcoin.
It would be one thing if they were just on the wrong side of the block size wars and we moved on from it, but the con in conbase is their "educational" courses where they push shitcoins onto people.
Imagine if you sent your friends or family to a broker hoping they'd buy SPY (an S&P index fund) but instead the broker gives them an educational course on a pink slip penny stock!
This analogy doesn't work perfectly, but hopefully you get the idea. Coinbase sucks in every way they could suck.
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No but I respect his opinion. Everyone has to live according to their principles, wrong or otherwise
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Have they made a turn around?
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i don’t know what coinbase did wrong in the first place, or if they’ve made a turnaround, just asking this from a principles standpoint
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Partnering with helping feds surveil bitcoiners and promoting scams. That's my issue with them.
If a company does these things I will never use them, trust them, or recommend them ever again. More generically if a person makes a change I will give them a chance to restore themselves but it is hard to regain trust that is broken.
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Would you agree that Twitter “partnered with feds” and “promoted scams” too? If I recall they had NFT profile pics for a while and then got rid of them. Do you still use their service?
Would you agree that Stripe has partnered with feds and promoted scams too? Do you still shop online using their service?
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not to say we should be ok with people doing these things, it just seems weird to me that Bitcoiners have made Coinbase into public enemy #1, and refuse to acknowledge improvements they make while simultaneously giving passes to other companies doing similar things outside of Bitcoin
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I think this comes from them being early and the leading company in bitcoin as far as exchanges. I think many feel betrayed.
The other side of this is that Coinbase has done things they are not required by law to do, IE the surveillance stuff. The other companies you list are fiat companies and while bitcoiners don't talk about them in such negative terms they also aren't claiming to be good actors in bitcoin like Coinbase does.
That's at least how I believe I am thinking about these companies in different ways. I'm not a fan of Twitter pre / post Elon. Stripe is a necessary evil if you need to do fiat payments just as Paypal is.
With Coinbase there are other options if you just want to exchange fiat for bitcoin. Strike and Cashapp in the US and the others like Swan, and River. These options are bitcoin only and haven't promoted crypto or pushed forward surveillance.
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i don’t know what coinbase did wrong in the first place
LOL did you lived under a rock until now?
read here the full list (maybe I missed some more): #78930
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deleted by author
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100%
I have no remorse for shitcoineries.
No
Companies can change or adapt or apologize for mistakes
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