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This article is all over the place. It takes an obviously negative stance right from the start by complaining that Coinbase has frequent outages and poor custom
by mlthoughts2018 6y ago
This article is all over the place. It takes an obviously negative stance right from the start by complaining that Coinbase has frequent outages and poor customer support (that hasn’t been my experience as a long time happy Coinbase customer), then it switches completely to the author complaining about how they didn’t research the fees, and got surprised by high fees that earnestly reflect the cost of operating the business. This is somehow better than the way brokerages fund zero fee retail investing transactions, but also somehow vaguely dishonest and predatory at the same time?
It’s a very weak, meandering article with no significant point. I usually expect better from Bloomberg on financial topics, but I guess it’s just the usual trendy anti-cryptocurrency drivel.