I think it boils down to coinbase being overwhelmed with the level at which they are scaling, leading to them having insufficient time and resources available to properly manage the business. There is no excuse for this type of screw up, but I dont think there was anything malicious going on from the Coinbase/Gdax side.

On the Bitcoin Cash side you can be sure that the people behind the scenes there were ready and waiting for a chance to pump. Roger Ver has repeatedly stated that he feels that Bitcoin Cash is the one true bitcoin and he is openly hostile to the Bitcoin Core team. Whether they knew GDAX was about to go live in advance or not, you can be sure they had planned this months ago and were ready to act at the first opportunity.

I feel that bigger issue now is whether Bitcoin Cash will become the main on ramp for fiat currency? As you have noted yourself in your videos, the bulk of the transactions on the Bitcoin network are exchange to exchange or exchanges to wallets. People are buying bitcoin to go and buy altcoins. If Bitcoin Cash can deliver on its promise of lower transaction fees and faster confirmation times, why would anyone continue to use Bitcoin as an on ramp? I fear this could be extremely damaging to Bitcoin as the fixes for transaction fees and confirmation times still seem a long way out.

Before someone says I'm a shill for Bitcoin Cash, I want to say that I am sick of the tribalism in Bitcoin vs Bitcoin cash debate. I hold both but don't think either fully solves the issue of scaling in a satisfactory way. They are both wide open to be disrupted by a third gen crypto.

I love your channel, keep up the great work.