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Coinbase and their ilk are banks. They've centralized the decentralized. It is hilarious.
by beezlewax 4y ago
Coinbase and their ilk are banks. They've centralized the decentralized. It is hilarious.
- meltyness 4y agoPerhaps this is the new university, we're not a post-idea economy, and once unleashed, commodity software is immutable. Like the calculus, the crypto banks will unleash their ideas and vanish leaving only what is understood good and true.
- AISnakeOil 4y agoExactly, there's no difference between Coinbase and Bank of America.
- tylersmith 4y agoThey have not centralized things that were previously decentralized. They've created new centralized things that provide services at the edges of the decentralized stuff.