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> 10 new "bitcoins" could fork every day. Are we really going to expect coinbase to support them all? That's absurd. Of course it's absurd, and nobody expects
by zeroxfe 9y ago
> 10 new "bitcoins" could fork every day. Are we really going to expect coinbase to support them all? That's absurd.
Of course it's absurd, and nobody expects them to support 10 forks a day. If that was actually happening, Coinbase would be in a much better position to say no.
But this is a single fork, and one where the new currency has a lot of value, enough that customers are threatening to sue.
- wolco 9y agoAnyone can sue but therr is no case. You are responsible for who you let hold your coins. If someone gives everyone who is holding a coin a new coin whoever is holding your coin doesn't have to accept it; Unless you agreed beforehand. In this case they told you before they will not accept it and you still left the coins with them.
- nylonstrung 9y ago>You are responsible for who you let hold your coins The SEC has said that ICO tokens are securities. Do you really think intermediaries and wallets have no legal restrictions or obligations dictating what happens to them? You can't categorically say that the fact they stated they won't accept BCC makes it completely legal for them to withhold millions of dollars worth of crypto. Terms of service ≠ securities law.