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> If Bitcoin’s strength comes from decentralization, why pour millions into a single company? Ah, because Coinbase provides an “accessible interface to the Bitc
by ahallock 13y ago
> If Bitcoin’s strength comes from decentralization, why pour millions into a single company? Ah, because Coinbase provides an “accessible interface to the Bitcoin protocol”, we’re told. We must centralize to decentralize...
This article is filled with hyperbolic nonsense like this, parading as real arguments. A 25M investment is not "pouring millions". And Coinbase is but one service in the Bitcoin ecosystem. There are and will be more competitors. Coinbase changes nothing about the decentralized nature of Bitcoin.