4 ms·
> No company had made it simpler to sign up, link a bank account or debit card, and begin buying Bitcoin. Actually, I think it is still too difficult. I mean i
by JepZ 9y ago
> No company had made it simpler to sign up, link a bank account or debit card, and begin buying Bitcoin.
Actually, I think it is still too difficult. I mean it is not that difficult, but if you had to send every e-commerce shop a photo of your driver license just to buy something there would be a lot fewer people buying stuff online.
- nordsieck 9y agoThere is a certain amount of financial regulation that they (and most other exchanges) have to comply with.
- Cthulhu_ 9y agoIt's not an e-commerce shop, it's an online exchange dealing in financial products, one that has often been associated with illegal activities like drug dealing, tax evasion, etc. They have to play nice with the IRS because people using coinbase don't realize that any gains they make from it is taxable and/or should be auditable.