RE: Coinbase is Becoming a Problem

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Coinbase is Becoming a Problem

in investorsclub •  7 years ago 

I’ve always found it curious that Hirji seems to serve as the public face of Coinbase as opposed to Brian Armstrong.
Again, i recognize that some regulation/compliance is always going to be needed, i just think that the speed with which Coinbase seems willing to comply without question is troublesome.
Some of Jay Clayton’s commens have been troubling, but it seems he at least has the sense to leave Bitcoin itself alone. If he starts fucking over ICO’s and smaller tokens, it’ll suck, but it won’t be the end of the world.

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And even if ypur right in terms of Coinbase’s compliance practices, that still does not explain their banning of wikileaks, which is perhaps the most troubling thin of all here.

I notice Asiff Hirji because I know him

Jay Clayton was absolutely going after ICOs. Worst part is he did not seem to be clear whether they needed specific frameworks or not. He just lumped them into the overall securities basket like shares.

I notice Aside because I know him

Jay Clayton was absolutely going after ICOs. Worst part is he did not seem to be clear whether they needed specific framework. He just lumped them into the overall securities basket like shares.