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https://warpcast.com/~/channel/coinbase
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Nate “Igor” Smith 🎩
@drivenbyboredom
Just getting to the point where you can buy a house is expensive. You gotta hire all sorts of people to make sure the place is okay. I sold some ETH that's been on my Ledger since 2021 and for some reason I sent it straight to Coinbase before swapping to USDC. They were trying to charge me a $85 fee for the swap. Bruh. I had to send that shit back swap it and send it back to Coinbase to cash out, making my taxes that much more complicated. Even after sending L1 ETH back and forth I still paid like $80 less in gas than Coinbase was charging. There is like an 80% chance whoever came up with that bullshit is on Farcaster so let me know who it was so I can fight them.
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Monteluna
@monteluna
Swapping on coinbase is a stupid tax, but someone has to pay for the basketball team and stadium sponsorships. Good for my bags. 100 $tipn
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Nate “Igor” Smith 🎩
@drivenbyboredom
Except all the customers they lose when they realize they gotta pay a fortune to sell anything
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Monteluna
@monteluna
But they haven't lost them. They release quarterly reports all the time and they're crushing it. The sad reality is there's order less than 1M onchain users. The rest are exchange serfs and have zero idea about the financial primitives onchain, or even how to access them.
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