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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-12-28] cointelegraph: Coinbase Is Tracking How Users Spend Their Bitcoins
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nerdydev (OP)
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December 28, 2014, 07:32:55 PM
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Very concerning peace-

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

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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.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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December 28, 2014, 10:42:00 PM
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Yet another reason to use Monero (XMR). Privacy matters.
Monero - Truly Anonymous Digital Cash. Bitcoin Reading List 2017
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December 29, 2014, 05:30:55 AM
 #3
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.
Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
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