Tell HN: Coinbase is a joke (product and support) • Hacker News Board

Re: Tell HN: Coinbase is a joke (product and support)

#131

Post by [deleted] » Fri, Jan 20, 2023, 6:06 PM UTC

CrazyPyroLinux wrote: post #107

strangattractor wrote: post #100

Earlier quoted context omitted.

You may quote me on this "If that doesn't make any sense to you, then you probably heard if from Ron Paul". https://newrepublic.com/article/94477/ron-paul-distorted-lib...

What ignorant tripe! Author fancies himself the self-appointed arbiter of "the libertarian creed," yet his criticisms are the usual boring and disingenuous ad hominems of "racist" "sexist" "privilege" I'd expect from a leftist. These are the points he seems to take issue with: 1. Private property is important to liberty. 2. The solution to racism might just not be more racism. 3. Open borders are good in theory but h…

[deleted]

Re: Tell HN: Coinbase is a joke (product and support)

#132

Post by Chabsff » Fri, Jan 20, 2023, 6:16 PM UTC

la_fayette wrote: post #125

Chabsff wrote: post #76

Earlier quoted context omitted.

Their point is that the current decentralised Bitcoin is functionally unusable and simply not ready for mass use. In that sense, a truly decentralized Bitcoin that people can actually make use of doesn't exist.

That is definitely not true. As mentioned there is local bitcoins, atms, meetups, bisq, just to name a few options, were you can exchange bitcoin for fiat. The options are there, are used and are even mature.

Centralized exchanges provide a lot more essential facility than fiat to bitcoin conversion. In particular, they provide acceptable transaction fees and acceptably fast transaction turnaround time.

Re: Tell HN: Coinbase is a joke (product and support)

#133

Post by strangattractor » Fri, Jan 20, 2023, 6:37 PM UTC

CrazyPyroLinux wrote: post #107

strangattractor wrote: post #100

Earlier quoted context omitted.

You may quote me on this "If that doesn't make any sense to you, then you probably heard if from Ron Paul". https://newrepublic.com/article/94477/ron-paul-distorted-lib...

What ignorant tripe! Author fancies himself the self-appointed arbiter of "the libertarian creed," yet his criticisms are the usual boring and disingenuous ad hominems of "racist" "sexist" "privilege" I'd expect from a leftist. These are the points he seems to take issue with: 1. Private property is important to liberty. 2. The solution to racism might just not be more racism. 3. Open borders are good in theory but h…

So he has an opinion that is different than yours. Sometimes it is good to read an alternate opinion. I had an English teacher in 8th grade that taught me how to read a news paper. She was from Eastern Europe and had escaped from the Soviets. She was very adamant about using multiple sources. Understanding the motivations of the writer, getting other sources of evidence. I think she was wise and I will always be indebted to Mrs Holtzman.

AFAIK the function of the Fed is pretty understandable. Whether you agree that they make the correct decisions that is another matter. It seems to me that in an economy that is producing new things that did not previously exist being able to adjust the amount of currency in circulation to reflect the total value of things in the economy makes a lot of sense.

Suppose the 350 million of us had to share the millions dollars that was in existence when the country was founded. There would not be enough for each of us to have a single dollar. That would make the currency pretty useless.

Re: Tell HN: Coinbase is a joke (product and support)

#134

Post by e40 » Thu, Jan 26, 2023, 5:50 PM UTC

I can't update the post any longer, so I wanted to add:

No contact still from Coinbase. I've emailed them like 5 times since their last email contact.

I called Kraken and talked to someone. Very helpful. I can't stress enough how important it was to talk to someone, before starting the account signup process.

Of course, I don't know of Kraken will be better, but already I've gotten more than I did with Coinbase, a live human. She also sent me a list of documents (URLs) in a followup email, which support what she told me on the phone. That was unexpected. I can't remember the last time I got something like that from _any_ support person.