Cassie Heart pfp
Cassie Heart
@cassie
I had a strong philosophical difference of views about what should be done in the direction of crypto's future, which is what lead me to leave Coinbase. But I will say, without a shadow of a doubt, that Coinbase is being put through absolute FUD nonsense with this, and it's so obvious the origin of this attack is coming from one of the least trustworthy people in this industry. Would you rather trust your wrapped BTC with: 1. An audited public company with extremely rigid security controls and compliance teams (cbBTC), or 2. Justin Sun holding enough keys to a multisig to control it at any time (wBTC) And if your answer is genuinely 2, dear god why? https://x.com/CampbellJAustin/status/1835774529408553203
21 replies
13 recasts
110 reactions

kk pfp
kk
@king
the sun will beat strong arm m'lady
1 reply
0 recast
8 reactions

law pfp
law
@traguy.eth
Okay so, Cassie. I through the cast and as a non-technical person, I'm still trying to wrap my head around the concept of multisig wallets and how they work. Can you explain it in maybe simpler terms? How does it affect the security and control of assets like wBTC?
2 replies
0 recast
2 reactions

Grit, إنشاءالله.eth pfp
Grit, إنشاءالله.eth
@grit
curious as to what your philosophy is
1 reply
0 recast
1 reaction

max 🧱 pfp
max 🧱
@sorto.eth
ew is that really the reality of wBTC custody? Yikes
1 reply
0 recast
2 reactions

Eloise pfp
Eloise
@eloisee
I am not that deep into crypto but the whole ideas is it being decentralized so the only option is 1
1 reply
0 recast
0 reaction

czar  pfp
czar
@czar
i just see it as more opportunities to mute/block accounts on X piling on this nonsense helping me make my feed incrementally better every day
0 reply
0 recast
2 reactions

Greg Lang pfp
Greg Lang
@designheretic
I want neither frankly Replace Sun with a community-governed DAO with a foundation legally structured to be subservient to the will of its voting members and you’ve got my interest
0 reply
0 recast
1 reaction

frdysk.framedl.eth pfp
frdysk.framedl.eth
@frdysk.eth
Justin flying too close to the Sun
0 reply
0 recast
1 reaction

Nounish Prof ⌐◧-◧🎩 pfp
Nounish Prof ⌐◧-◧🎩
@nounishprof
Would not believe anything that dude says.
0 reply
0 recast
1 reaction

Catch0x22 pfp
Catch0x22
@catch0x22.eth
strange to me that they'd respond. I'm in some nitty gritty corners of CT and i think I've seen this joked about maybe once plenty of conspiracies floating about Eigenlayer tho
0 reply
0 recast
0 reaction

Kiraa♡ pfp
Kiraa♡
@fwkiraa.eth
i know little to nothing about all these but 1 looks like the smart option. why are people considering 2?
0 reply
0 recast
0 reaction

binocularsXL🎩 pfp
binocularsXL🎩
@binocularsx
I think this will fall down to perception of Justin Sun
0 reply
0 recast
0 reaction

Abbas🎩👾 pfp
Abbas🎩👾
@abbass.eth
Besides the latest scam tokens attacks, Coinbase is doing fine, to be honest. Yet, I would love to know what kind of difference of point of view of the future of crypto led you to leave Coinbase in the first place, if you're open to sharing that ofc.
0 reply
0 recast
0 reaction

Gökhan Turhan pfp
Gökhan Turhan
@gokhan.eth
1 odds 2 we'll see some gigaheads wrapping ETFs back into some sort of a wrapped and restaked BTC soon and collateralize them to have the investors mint their newly launched elastic stable supplies is all I see around these FUDs. though Coinbase can't be FUD since everyone in town knows they act "do not get rekt even when hacked."
0 reply
0 recast
0 reaction

Inna Mosina 🎩🔵💎 pfp
Inna Mosina 🎩🔵💎
@innamosina
Only 1! No control of my data and passwords, the most important thing is independence and security. Security is probably the most important thing.
0 reply
0 recast
0 reaction

Mai🟪🍖🐹🎩🍡 pfp
Mai🟪🍖🐹🎩🍡
@jorja
The trust about it is that a number of people will actually go with 2 cuz that’s just human nature. Knowing someone can control it is scary but knowing he can also get it up is satisfying and assuring to a number. What option do you prefer?
0 reply
0 recast
0 reaction

Rafaello.base.eth pfp
Rafaello.base.eth
@rafaello12
Exactly, it’s wild how selective the outrage and skepticism can be in the crypto space. Instead of focusing on real, verifiable issues like fake volumes on shady exchanges, people latch onto the most far-fetched conspiracy theories. It's no wonder regulators remain skeptical when so many in the community seem to prioritize ideology over rational risk assessment
0 reply
0 recast
0 reaction

Eren🎩 pfp
Eren🎩
@baeshy.eth
you worked for coinbase too... were you and @linda colleagues?
0 reply
0 recast
0 reaction

ajrony.base.eth 🔵 pfp
ajrony.base.eth 🔵
@ajrony
I am still using cb and I didn't face any problem. I don't know why surprisingly everyone gets their attention to others. It's strange
0 reply
0 recast
0 reaction