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Agreed, withdraw-only access is the obvious Right Thing. Could be hard to implement, I guess.
by JCzynski 9y ago
Agreed, withdraw-only access is the obvious Right Thing. Could be hard to implement, I guess.
- anonova 9y agoThey did allow ETC withdrawals after the fact: https://support.coinbase.com/customer/en/portal/articles/2524725-ethereum-classic-faq https://support.coinbase.com/customer/en/portal/articles/252.... I'm not sure this is a matter of difficulty to implement.
- zapt02 9y agoIf it was, why don't they just say that BCC withdrawals will be available in the future? - If BCC really goes to zero, nobody will care and it will fizz out. - If BCC has value, users can benefit from that value like the rest of the ecosystem. Frankly, I don't see how what they're proposing is even legal.
- bpicolo 9y agoPlay barely-regulated games, win barely-regulated prizes? That said, Coinbase has played the regulation game better than anybody else (they're the only entity allowed to sell cryptocurrency in New York last I checked) so credit where credit is due.
- zapt02 9y agoHigh stakes based on how aggressively current legislation is being drafted. Unless of course Coinbase plans to run away with everyones money long before the class-action suit is filed.
- zwily 9y agoBy saying they won't support BCC, they are trying to help make BCC fail. They are very influential. If BCC ends up surviving, I have no doubt they will start withdrawals.
- QML 9y agoI don't think the majority of people who own Bitcoin use Coinbase, maybe those who have identification but there's other exchanges like Gemini and Kraken. And this isn't included outside the U.S. or unregulated exchanges either.
- noio 9y ago> why don't they just say... Because they also want to make a statement to influence the viability of the forked coin.