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I'm a little concerned that over time, it is going to become more difficult and less private to move money out of Coinbase. Even now they ask you "where do you
by snitko 12y ago
I'm a little concerned that over time, it is going to become more difficult and less private to move money out of Coinbase. Even now they ask you "where do you send your money? is it another website?" when you try to withdraw. This is unacceptable.
- oafitupa 12y agoOf course for some of us it's unacceptable. And we can simply not use it. Personally, I have never even used exchanges like MtGox, only Localbitcoins.
- oleganza 12y agoI'm talking about a whole community, not individuals. If some individuals are burned using centralized service, all others can learn from it and move elsewhere or choose more wisely. Not so with banking system which burns everyone and no one can opt out or compete with it.
- czzarr 12y agoif you store bitcoin in their vault, you have complete control over them