RE: COINBASE basically said, "Yeah, we'll be stealing your Bitcoin Cash (BCC or BCH) after the fork...

You are viewing a single comment's thread from:

COINBASE basically said, "Yeah, we'll be stealing your Bitcoin Cash (BCC or BCH) after the fork...

in bitcoin •  7 years ago 

Also from Coinbase...

Wanted to clarify for customers asking if Coinbase is keeping bitcoin cash for ourselves.
Coinbase does not intend to interact with the Bitcoin Cash blockchain, or to access bitcoin cash (BCC). In order to safely and securely access bitcoin cash, Coinbase would need to undertake a process of designing and testing significant changes to our systems — including hot and cold storage. This is one of the core reasons customers will not be able to withdraw bitcoin cash after the fork on August 1st, 2017.
If this decision were to change in the future and we were to access bitcoin cash, we would distribute to customers bitcoin cash (BCC) associated with bitcoin (BTC) balances at the time of the fork on August 1st, 2017. Coinbase would not keep the bitcoin cash associated with customer bitcoin (BTC) balances for ourselves.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yeah, right. I believe coinbase as much as i believe donald trump. They're not going to let that free money sit on the table. They'll ABSOLUTELY take it, probably cash it, then claim it's part of the perks of doing business and tell everyone to stuff it. Then, if you threaten to litigate, they might give a few people a minimal amount of the FCC they've jacked.