What’s so wrong about coinbase?

Easy to use, you can get a debit card to spend bitcoin and get .5% back in btc, credit card is coming, 4% interest on just holding usdc there, if you want to gamble on shitcoins/nfts you can, yeah it’s fully kyc/aml but it works.

Reply to this note

Please Login to reply.

Discussion

Well, the kyc. I’ve never used it, so I wouldn’t recommend it. I will not encourage anyone to touch usdc, shitcoins, or nfts and other bullshit

Do you have a kyc/aml bank account? What is the difference between that and coinbase?

Yes and I don’t trust any of them

But none the less you still do?

Again what’s the difference between them?

I’ve had a lot of really bad experiences with banks, nonetheless I still use them. Would be great if all the Bitcoin financial products could replace banks for good, but even those are still chained to banks. We will get there. Sigh. Someday.

The goal is a day when all banks are obsolete.

Couldn’t agree more!

Coinbase is a hard pass. Not onboarding anyone with that pos

Amen. I was never a fan, always seemed smarmy to me run by smarmy people

Absolutely.

But normies don’t know this so… 🤷‍♀️

We just have to help where we can with education.

At this point, there’s at least plenty of info out there. The finance bro end of things is not at all my interest in bitcoin. I prefer the tech side to the finance bro side. I’m pretty unfamiliar with what options are being presented to the normies at this point.

That’s fair. I try to stick with bitcoin only companies for on-ramps. If/when things like robostats will be too much for a normie friend.

Yeah, she already isn’t technically inclined…