#Deletecoinbase - Agree or Disagree?

[Kakmakr]

I am the kind of person that would not throw out the baby with the bath water. Coinbase made Bitcoin adoption much easier for a lot of newcomers and we should not ignore that. They also have a perfect track record so far, when it comes to security, so they are doing some things well. <Many other big exchanges had major losses when they were hacked>

Coinbase is under a lot of pressure from the US government and regulators to prevent money laundering and criminal activities on their platform and they have to abide by these rules or they will have to close their doors. Let's cut them some slack and also focus on some of the positive things that they are doing. 

[maydna]

I choose for abstaining and not giving my vote for that
I never use Coinbase to buy or sell coins, but once I use Coinbase in the past to save my bitcoin, but after I don't feel comfortable with the dashboard, and I found the other wallet to save bitcoin, I move all of my bitcoin from Coinbase to an offline wallet.

I think we could let them online, but we don't need to use them anymore. Once they find why their customer is not using them, they will figure out the mistake (if they really concern with the customer). But if not, then they will be abandoned, and perhaps in the future, we only see their name as a legend

[AB de Royse777]

Coinbase deserve it. They do not care about cryptocurrency. They only care about their profit.

I mean, let's not forget that Coinbase is a business, not a charity. Them "only caring about their profit" is something to be really expected from a business. Same thing with the KYC controversy with ShapeShift. People forget that these services exist primarily to make money.

I am not asking them to do charity but when they play with my personal data then that is something I stand for. I did not agree with then to sell my personal data.

In a business trust is very important.

[Bitcoin_Arena]

I have never used them anyway.
Service is not supported in my country I don't know until when.
I also don't like their approach of handling things such as listing coins, so there is no chance that i will ever use them as long as exchanges like Binance as still alive.

[Mashfiqun]

Haven't used Coinbase as an exchange but used it as an online wallet. It's really a good option for sending payments to others in my opinion. So I kinda disagree. I don't want it to be deleted. Just my personal opinion. Controversies happen, so there will be mixed reactions. And I'm in favor of Coinbase. 

[Zadicar]

Im not making any vote yet ive been using coinbase but not hating it that much where it should be deleted.As a crypto user we do have our own choice on which platform
we would use up in terms of wallet.If you dont like coinbase then you can simply skip and find another one.If you do plan to use it then you should be aware and be ready
on the things you are involving on.

[Cruxer]

Considering the big controversy around Coinbase, how do you feel about the movement? I haven’t really found anyone protecting them with good arguments, so i’d love to know if anyone here has an opposing opinion and think ‘deleting coinbase’ is too far?

it is too far, they are unique in terms of easy to use semi exchange, there is a reason they are most popular or almost most popular service
they did many mistakes, they were almost shady many times, but still they beat their opponents by far

[mk4]

*snip*

I mean, it's completely up to you if you still want to use it regardless of the controversies, but take note that they're selling your data. But if that's fine for you, go ahead. Also, using Coinbase as a hot wallet is probably ever so slightly understandable, but I hope you aren't keeping much bitcoin on that wallet.

[cellard]

I am the kind of person that would not throw out the baby with the bath water. Coinbase made Bitcoin adoption much easier for a lot of newcomers and we should not ignore that. They also have a perfect track record so far, when it comes to security, so they are doing some things well. <Many other big exchanges had major losses when they were hacked>

Coinbase is under a lot of pressure from the US government and regulators to prevent money laundering and criminal activities on their platform and they have to abide by these rules or they will have to close their doors. Let's cut them some slack and also focus on some of the positive things that they are doing.  

Is it true that Coinbase has contributed to the so called "fiat leak" by making it accessible for noobs to buy some coins, but it is also true that most people using Coinbase probably don't even own, im not saying a full node, im saying something like Electrum, they just keep the coins on the exchange and that's about it. Those people probably couldn't care less about the fact that Brian Armstrong is doing shady stuff like selling data, speculating with forks , hosting shitcoins, and so on.


I understand the pressure to apply strict KYC but there's other shady things Ive listed. What we need is laws being passed to protect us from all the clusterfuck that is the law world dynamics with Bitcoin. Until that is clear, stay 100% on BTC and don't sell a single sat. If anything, they are incentivizing people to never leave once they join.