Coinbase from YC to DPO
blog.ycombinator.com
Coinbase from YC to DPO
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Re: Coinbase from YC to DPO
#2Dividends to HN users? Joking aside congrats! I'm planning on picking up a share or two as I did with Digital Ocean.
Re: Coinbase from YC to DPO
#3Indeed, Coinbase is so good that it doesn't look like a cryptocurrency exchange (despite the fact that it doesn't appeal to the more anarchic uses of crypto). Exchanges usually feel half-baked and there are tons of cases of security issues with the loss of customers' money.
Kudos to the team!
Re: Coinbase from YC to DPO
#4From startup to IPO in under a decade. Well played!
Congratulations!
Re: Coinbase from YC to DPO
#5I still prefer Binance who are exposed to users via actual crypto (BNB) than Coinbase who are trying to eat the trad investors exposure and banking on their preferential treatment from US regulators.
Not to mention that Binance has 9x the volume, much much more crypto and is pro-competition and lists Coin on day 1 while CB wouldn't even consider listing BNB or anything by competitors.
Re: Coinbase from YC to DPO
#6I still prefer Binance who are exposed to users via actual crypto (BNB) than Coinbase who are trying to eat the trad investors exposure and banking on their preferential treatment from US regulators. Not to mention that Binance has 9x the volume, much much more crypto and is pro-competition and lists Coin on day 1 while CB wouldn't even consider listing BNB or anything by competitors.
Well, Binance is, somehow, dramatically more of a fly-by-night bucket shop intentionally looking the other way to people opening multiple accounts to avoid KYC -- and they won't event tell you in which country they're domiciled.
They're one of Team Tether's top partners in crime.
How on earth can you believe their volume numbers haha.
Re: Coinbase from YC to DPO
#7I still prefer Binance who are exposed to users via actual crypto (BNB) than Coinbase who are trying to eat the trad investors exposure and banking on their preferential treatment from US regulators. Not to mention that Binance has 9x the volume, much much more crypto and is pro-competition and lists Coin on day 1 while CB wouldn't even consider listing BNB or anything by competitors.
CB abides by regulators and doesn't list every crappy project that comes along. They're trying to bring legitimacy to crypto. Binance is the wild wild west still and BNB is a centralized useless ETH sidechain.
Re: Coinbase from YC to DPO
#8I still prefer Binance who are exposed to users via actual crypto (BNB) than Coinbase who are trying to eat the trad investors exposure and banking on their preferential treatment from US regulators. Not to mention that Binance has 9x the volume, much much more crypto and is pro-competition and lists Coin on day 1 while CB wouldn't even consider listing BNB or anything by competitors.
Well, Binance is, somehow, dramatically more of a fly-by-night bucket shop intentionally looking the other way to people opening multiple accounts to avoid KYC -- and they won't event tell you in which country they're domiciled. They're one of Team Tether's top partners in crime. How on earth can you believe their volume numbers haha.
>intentionally looking the other way to people opening multiple accounts to avoid KYC
That's blatantly false. Many have been caught trying to circumvent via VPN or similar, it's just impossible to catch quite everyone no matter how hard you try.
>which country they're domiciled.
Malta?
Re: Coinbase from YC to DPO
#9Coinbase will be in every fund that needs crypto exposure. I can’t see how this thing doesn’t reach 1k, and splits a few times by end of year.
Re: Coinbase from YC to DPO
#10Earlier quoted context omitted.
Well, Binance is, somehow, dramatically more of a fly-by-night bucket shop intentionally looking the other way to people opening multiple accounts to avoid KYC -- and they won't event tell you in which country they're domiciled. They're one of Team Tether's top partners in crime. How on earth can you believe their volume numbers haha.
>intentionally looking the other way to people opening multiple accounts to avoid KYC That's blatantly false. Many have been caught trying to circumvent via VPN or similar, it's just impossible to catch quite everyone no matter how hard you try. >which country they're domiciled. Malta?
They won't tell you where their headquarters are "because Bitcoin doesn't have one":
https://www.coindesk.com/binance-doesnt-have-a-headquarters-...
In fact "Malta ... question mark?" is about as much information as we have.
And the KYC evade is just based on opening more accounts before you reach their threshold. Because rather than operating like a real business, requiring everyone to provide KYC during onboarding, they just look the other way.