keccers
@keccers.eth
A totally unsurprising and now deleted post from a prominent voice in the ETH community complaining about how terrible Coinbase customer service is Don’t put money in Coinbase you are not comfortable with losing access to at any time, or losing entirely. Do not let them trick you into thinking they are comparable with a bank. They are not. Not on a support level, not on a compliance level, and your money is not insured there. Coinbase does not want to build “better”. They are not somehow virtuous because it’s “onchain”. They want to usurp the existing financial rails and replace them, and with less consumer protections for the little guys To put a point on it: Coinbase does not care about you, full stop. Dealing with them is a reality for most Western crypto users, whether through the dominance of Base in spaces like Farcaster, getting a stable job in the industry or having a place to custody your funds. I understand that, I am saying be judicious and careful when you engage
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Cassie Heart
@cassie
If you view how Coinbase is approaching crypto under the same lens as how Microsoft approached operating systems, a lot of their behaviors suddenly make a lot more sense. Embrace, Extend, ... ^- we are here. It's not a diss or a dunk, just the nature of the corporate beast. It's not like they lied about it or hid their intentions either: https://www.coinbase.com/blog/the-coinbase-secret-master-plan
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accountless.eth
@accountless.eth
it is very underwhelming that the team doesn’t engage w earnest feedback on issues. the growth at all costs mentality is taxing and is going to make them the facebook of crypto.
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