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Well, I think you are going too far with your claim. Nobody is giving these properties up, you can withdraw your coins. If Coinbase said “we won’t allow withdra
by DSingularity 8y ago
Well, I think you are going too far with your claim. Nobody is giving these properties up, you can withdraw your coins. If Coinbase said “we won’t allow withdrawing coins” and customers kept using CB then you can make the claim you are making.
- PeterisP 8y agoThey're not giving these properties up permanently, but they're choosing not to use them. Just as people using banks instead of cash implies that they feel that the advantages of banks outweigh the disadvantages, the fact that people choose not to withdraw (and fully control) their coins but instead "bank" them with coinbase is some indication that decentralization isn't an important issue for them and that they're not going to take advantage of its benefits whatever those may be.