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He's partly responsible for exposing a scam. It had to happen at some point. People really underrate CZ. I've been following him for several years now and he h
by cactusplant7374 4y ago
He's partly responsible for exposing a scam. It had to happen at some point.
People really underrate CZ. I've been following him for several years now and he has taken a measured approach to risk. People have attacked him instead of Brian Armstrong. I don't see a difference. Armstrong is choosing to list tokens that are likely securities.
- yao420 4y agoI hate crypto but be real, Coinbase actually releases financial statements due to being regulated in the USA. Armstrong has a giant mansion in LA. Where is Binance or CZ? Binance chain (BNB) is a fork of ethereum that is specifically created for frauds. Coinbase does not have one. Binance lists monero, the currency of darknet markets. Coinbase stays far away from any privacy coin that could raise flags.
- cactusplant7374 4y ago> I hate crypto but be real, Coinbase actually releases financial statements due to being regulated in the USA. My argument is that tokens on Coinbase are unregulated and haven't been approved by regulators. That point still stands even if Coinbase publishes financial statements as a public company. > Armstrong has a giant mansion in LA. Where is Binance or CZ? He said once that he lives in Airbnb's and doesn't like the hassle of owning a house. I'm with him on this one. Do you really want a bunch of strangers (cleaners, maintenance, gardeners, etc) walking around your house as a wealthy person? That's a business. Not a home. > Binance chain (BNB) is a fork of ethereum that is specifically created for frauds. Coinbase does not have one. Coinbase originally just listed a few cryptocurrencies. Nothing changed in terms of regulation and then they started to list a lot more. So what changed in terms of Coinbase's thinking? Profit motive became more intense after they went public. > Binance lists monero, the currency of darknet markets. Coinbase stays far away from any privacy coin that could raise flags. Almost every cryptocurrency on Coinbase raises red flags. Quite a few of them did ICO's or something similar. They sold to investors without proper disclosures. ICO's are a slimy way to raise funds. So why does Coinbase list tokens that did ICO's?