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I don't think coinbase/bitcoin will replace anything. At best they might get 1% of that market, but they will never be real competition. Besides the technical i

I don't think coinbase/bitcoin will replace anything. At best they might get 1% of that market, but they will never be real competition. Besides the technical issues where cryptocurrency cannot keep up with the same demands credit and banks can. Coinbase sits on a razor blade of questionable ethical practices. Reddit and other cryptocurrency forums always have a handful of people asking for help dealing with exchanges(say exchanges because not just coinbase does this) that either fail to transfer funds or funds just go missing over night. The regular response from people is "it is crypto money what you expect?". Saying it is the normal for money to go missing with no recourse just demonstrate the lack of control and power a end user has in this anarchy financial system.

BLP4YC 8y ago
"Coinbase sits on a razor blade of questionable ethical practices." Nice coincidence: Just on Tuesday (31.07.2018) Coinbase reported that they have hired a chief compliance officer (https://ca.reuters.com/article/technologyNews/idCAKBN1KL1BH-OCATC https://ca.reuters.com/article/technologyNews/idCAKBN1KL1BH-...) "The regular response from people is "it is crypto money what you expect?" Although we should point out that it is general investing "knowledge" that one can lose everything, this must _never_, as you correctly pointed out, happen due to technical issues. I am just now realizing that it is actually truly crazy how ok people are w/ losing money due to such incidents.