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Oh, please tell me how that kind of activity is nonexistant in non-crypto companies. Come on, this same stuff happens everywhere where money is involved.
by repomies691 7y ago
Oh, please tell me how that kind of activity is nonexistant in non-crypto companies. Come on, this same stuff happens everywhere where money is involved.
- CharlesW 7y ago> Oh, please tell me how that kind of activity is nonexistant in non-crypto companies. It's not that unethical and illegal activities don't happen at non-cryptocurrency companies, but you don't have to be paying a lot of attention to see that it's happening at a very different scale among cryptocurrency companies.
- repomies691 7y agoIf you look for example at this story, it is not about being unethical. More like leadership problems with coinbase. What would you consider vastly unethical that coinbase has done? And vastly different scale than traditional finance companies? To me as their customer their have been always simple and transparent, the fees have been simple to understand and visible, etc. Can't say same about traditional finance companies I have been using.
- CharlesW 7y ago> What would you consider vastly unethical that coinbase has done? I was responding to harryh's thread about the cryptocurrency ecosystem in general rather than Coinbase specifically, which I perceive to be about as trustworthy as cryptocurrency exchanges get. That may not be a super high bar :^) so I appreciate you sharing your experience.
- harryh 7y agoWell, they bought earn/21 for 100M just as a favor to bail out some investors that had money in both companies. It was a completely failed company that had burned through 100M+ in capital. That was pretty weird.