5 ms·
As someone who has followed the crypto-currency scene for the past several years I don't disagree with a lot of the broad points presented about fraud being a p
by pmorici 9y ago
As someone who has followed the crypto-currency scene for the past several years I don't disagree with a lot of the broad points presented about fraud being a problem but he is presenting some flat out false information to support his thesis.
To take one example, his claim that historically Coinbase has kept traction stats close to the vest is completely false. He says that the only accurate user numbers come from a filing in the IRS lawsuit. The IRS lawsuit was initially filed in November 2016 and has been ongoing. Coinbase has published user stats on their about page[0] since November of 2014 two full years before the IRS took Coinbase to court, you can go look in the wayback archive. So the claim that the lawsuit provides the only glimpse at the number of Coinbase users is categorically false.
[0] https://www.coinbase.com/about https://www.coinbase.com/about