The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

would love to be a fly on the wall for their internal discussions about this, seems like an existential PR problem

I would rather have Fidelity manage my crypto than Coinbase especially since I don’t give af about new trash getting listed in a timely matter or some of this other stuff 

I need safe storage, reliable on ramping and off ramping, and good USDC support 

The upshot of Trump is that hopefully he can end the reign of CB being the only game in town and give tradfi the confidence to make bigger moves 

Beyond the constant threat of account freezes, I like old school. I don’t want to know about these executives. I don’t want to see my financial institution CEO making tweets about the size of blueberries and asking why is no one talking about this because he ate a really big blueberry. Be a weird little demon in private and just f’ing let me talk to a person on the phone ffs

If we want to be charitable about why Coinbase is freezing accounts (trying to prevent hax, trying to comply with shitty regulation, etc) then I can't imagine Fidelity would be a better option. 

But also quite possible that their policies were setup in a different environment and they need real competition at scale to re-evaluate the policies.

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

You could be right! I have had very very bad experiences with trad-banks (no number of followers will get the CEO to override debanking me because some policy changed which triggered an intern to write a query which flagged my account), but trad-brokerages sit in a weird middle spot.

I can easily imagine it’s better. I had an issue with my Fidelity and I called them and got an English speaking person to hand hold me. And then the Fidelity CEO is focused on work, not blabbing about blueberry conspiracy