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A Rare Look Inside Coinbase, One of Bitcoin's Fastest Growing Companies

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Re: A Rare Look Inside Coinbase, One of Bitcoin's Fastest Growing Companies

#21
post #7

From the article: "The information in this post was collected exclusively from the bitcoin community on ZapChain, and Nick Tomaino from Coinbase." The article would be a lot better if they'd been to Coinbase's HQ. If they can find it. The Market St. address in San Francisco is a mail drop for a service that opens paper mail, scans it, and emails it. The Bluxome St. address is someone's condo.

An armed assault on Coinbase HQ while staff are present would be a nearly foolproof way to instantly, irreversibly, untraceably obtain a few hundred million dollars of BTC. Its physical security requirements would be orders of magnitude beyond any other SV startups, even greater than the largest banks (because banks can retroactively reverse transfers and call the police when you try to deposit suitcases of stolen ca…

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Re: A Rare Look Inside Coinbase, One of Bitcoin's Fastest Growing Companies

#22
post #9

Earlier quoted context omitted.

An armed assault on Coinbase HQ while staff are present would be a nearly foolproof way to instantly, irreversibly, untraceably obtain a few hundred million dollars of BTC. Its physical security requirements would be orders of magnitude beyond any other SV startups, even greater than the largest banks (because banks can retroactively reverse transfers and call the police when you try to deposit suitcases of stolen ca…

Untraceably? Surely there are at least a couple security cameras in their office.

And also this thing called the blockchain.
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