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Coinbase targets financially vulnerable young adults

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Re: Coinbase targets financially vulnerable young adults

#3
And the sky is blue. News at 11.

But in all seriousness, Coinbase is not a particularly ethical company. I still won’t forgive them for how they pulled off the insider trading and boosting of Litecoin, which made Charlie Lee rich off the backs of the peanut gallery.

EDIT: for those with seemingly limited memories - Charlie Lee worked for Coinbase at one point, and was able to successfully get his shitcoin (which was basically a hastily tweaked bitcoin) accepted for off ramping to fiat. Sounds like a direct conflict of interest, and I’m surprised Coinbase wasn’t investigated for this.

Re: Coinbase targets financially vulnerable young adults

#8

It’s like online gambling with less regulations.

There is a crypto coin that I like and I wanted to buy some on an exchange.

All these exchanges are

1. Super scamy, often in dubious jurisdictions

2. From the layout obviously targeted at very young people

3. The appearance, interactions and handling resembles more an online casino.

Re: Coinbase targets financially vulnerable young adults

#9

>But there are questions about Coinbase's commitment to racial justice. Concern troll political hit-piece.

  One Black employee, cited in the report, said that “her manager suggested in front of colleagues that she was dealing drugs and carrying a gun.” Another Black employee said that a co-worker “broadly described Black employees as less capable” during a recruiting meeting. The company told employees that the story painted "an inaccurate picture.”
Is it really a concern troll political hit-piece, though? These seem like pretty concretely bad and racist things. Also, way to pick a single line you don't like out of an article that enumerates a whole bunch of issues with what Coinbase is doing.
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