I saw the video where Roger offered the same amount of money, but instantly knew it wasn't going to happen. This is how it should be: services building on top of Bitcoin focusing on Bitcoin only.
Once (actually just a few years ago) even Coinbase CEO Brian Armstrong had the same roadmap in mind, but he has been infected with the greed virus to such extent, that his service pumps shitcoins at cost of the ones that actually matter.
Sure, it's a business, but their desperate attempt to list shitcoins no one even cares about is toxic for the industry. This isn't viable in the very long term. Their shitcoins take up capital that should have been invested in genuine startups.
Is it really "toxic?" If they don't list them, someone else would. In fact, Coinbase is quite late to the game -- they only add coins that have been trading elsewhere for a long time. I think
caveat emptor should reign supreme. It's not up to brokers to tell investors what they should and shouldn't buy. It's not my problem, either.
I'm excited for OpenNode. It's great to see a well-funded company built on their principles. But I also recognize that businesses will do what's best for their profits, including servicing altcoins. That's simple profit motive at work. I'm also not convinced their model isn't viable.
