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RE: Coinbase probably operates at $9-$19M deficit

in #crypto-news8 years ago

They have gone all gung-ho with many things. The paypal tap was unexpected i thought at first, but then i realized they are as centralized as the bank down the street, so they will go anywhere there is coin i think. I have an account there but only for one reason and thats because of a Shift card i have connected to the account. I use it for when i need to pay for things that are urgent. But the plan is to become totally 'no bank' hopefully in the future, so coinbase will be a thing of the past for me anyway. And as for any crypto wealth i have it is kept very far and beyond any exchanges. There is no way in hell i would risk any significant amounts anywhere else but in my own hands.

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