>If companies don't act appropriately, people can post stories and complaints online. The companies reputation will then suffer. This is exactly what's happenin

>If companies don't act appropriately, people can post stories and complaints online. The companies reputation will then suffer. This is exactly what's happening here. Except for the missing piece of the puzzle: worthy competitors. Very few people who would otherwise run great businesses to compete with Coinbase don't want to operate in this sector because of the ridiculously onerous criminal laws that now surround money transmitters and exchanges. As just one example of these laws, to operate in this sector, you have to agree to be a government informant against your own customers, even if you think they're not doing anything wrong.