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Replying to Avatar arbedout

- Coinbase spent millions on an army of lobbyists to build a regulatory moat and crowd out competitors

- Hired many ex-SEC lawyers and even a former Senator in order to make use of their access to the State

- Helped contribute to the death of Jstark by reporting his transactions to German authorities

Seeing influencers crying as the SEC tries to take Coinbase down makes me grin a little

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berean jones 2y ago

Coinbase is a case study in fiat incentives.

#Irony

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