Hello Steemit Community,
After my morning coffee I came across this article:
The Author Becky Peterson makes a few points that concern me:
1st- She states Mass Exodus of Coinbase users. What exodus? There is ZERO public data of individual users that have left Coinbase. ALSO she mentions that it took users more 12 hours to withdraw there bitcoin. Of course there was a huge delay because this BTH Fork was determined super super LAST min. 5 days before the fork, users were 90% sure that Segwit 2x would activate.
2nd-She points out that Coinbase ONLY supports three currencies. Why is that in issue?? That should not be an issue If you understand the core business model and have used Coinbases service. Coinbase is super conservative company and is super REGULATED by the government. Any company that is heavily regulated by the government has to make slower decisions vs a company that is not regulated by the government.
One positive I see about this article is that is free marketing for Coinbase. At least they are getting there name out to the masses.
Cheers,
Ryan 17
