Bitcoin Forum

Bitcoin => Press => Topic started by: nerdydev on December 28, 2014, 07:32:55 PM



Title: [2014-12-28] cointelegraph: Coinbase Is Tracking How Users Spend Their Bitcoins
Post by: nerdydev on December 28, 2014, 07:32:55 PM
Very concerning peace-

http://cointelegraph.com/news/113207/coinbase-is-tracking-how-users-spend-their-bitcoins

Quote
Coinbase has recently been demonstrating why consumer regulation is such a problem. The company seems to be tracking what their customers are buying with Bitcoin and closing any accounts involved in transactions that the company objects to.


Title: Re: [2014-12-28] cointelegraph: Coinbase Is Tracking How Users Spend Their Bitcoins
Post by: lyth0s on December 28, 2014, 10:42:00 PM
Yet another reason to use Monero (XMR). Privacy matters.


Title: Re: [2014-12-28] cointelegraph: Coinbase Is Tracking How Users Spend Their Bitcoins
Post by: kjlimo on December 29, 2014, 05:30:55 AM
Where Bitcoin meets fiat will always have controversy.

These types of articles are inevitable, but also a sign of growth.

How many people have horror stories of Paypal?

My mom was just explaining to my grandmother how awesome Paypal is for online purchases...

I suspect in 5-10 years, I'll be explaining the benefits of Bitcoin to them when they are ready and in need of Bitcoin.