I feel like the Coinbase Smart Wallet is good but I can't help but feel like Coinbase and the ethereum ecosystem in general is UI/UX nightmare.
There's just so many bells and whistles trying to do the most basic shit. I find that annoying every time I try to tap into the progress that side is making.
People struggle with self custody even just with one coin. If there’s going to be all these swaps and lending and tokens etc, it will be fully custodial with a web 2 interface, where consumers only have options for the most vetted smart contracts. I have a feeling this is where base is going— to the point people won’t even know they have to wrap bitcoin to make a new token for an eth contract, it’ll just be a prompt that says “how much bitcoin do you want to stake?” then show a generic “network fee” probably in usd. The fact this doesn’t already exist makes me really suspicious of how serious the biggest shitcoins and exchanges are, fundamentally.
I’m trying to make sense out of why the market prefers and has a bias for Coinbase’s success. As an investment it seems like a decent (compared to an altcoin) but as a product I get confused how it even grows and retains users
I think it nailed branding early on and at this point they custody all US etf bitcoin and much of government bitcoin (I think) which is huge.
