Quote:
Originally Posted by Fuzz
I guess that depends on Coinbases reputation. Are users doing lots of charge backs to Mastercard?
Interesting that you bring up if "we really want banks/credit card companies deciding what we can and cannot buy?"
https://cointelegraph.com/news/coinb...their-bitcoins |
I would assume they do this because they don't want to be associated with illegal activity (gambling, drugs, fraud, etc). According to their
support page, they ask you to withdraw your crypto into your own wallet, which you should be doing in the first place anyway. This prevents them from tracking as well.
But yeah, the end goal of is to have no companies/third parties/intermediaries between our money, and value is transferred peer-to-peer.
I don't want Coinbase between my money either, but until decentralized exchanges are mainstream we are stuck dealing with what we have.