Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Coinbase CEO-'still up in the air which chain gets crypto from 50m to 5b users'
by
figmentofmyass
on 09/03/2020, 07:58:24 UTC
⭐ Merited by pooya87 (1)
BSV supporter?? Seems not because Coinbase doesnt even list BSV. BCH maybe yes. He used to be a vocal big blocker but seems very quiet ever since the insider trading allegations around the BCH listing.

i don't think exchanges "support" anything. and they definitely don't give a shit about block size, scaling or in some cases even security not matter if it is about bitcoin or some shitcoin.

i agree they shouldn't care, but it used to be a big deal for coinbase. brian armstrong constantly injected them into the block size debate in 2015-16. for instance:

Quote
Lets plan for success. Coinbase supports increasing the maximum block size
http://gavinandresen.ninja/block-size-and-miner-fees-again

he was publicly lobbying for every hard fork block size increase, from BIP101 to XT to bitcoin classic, and loudly too:
https://cointelegraph.com/news/coinbase-ceo-armstrong-id-like-to-increase-the-block-size-in-december
https://blog.coinbase.com/scaling-bitcoin-the-great-block-size-debate-d2cba9021db0
https://medium.com/@barmstrong/the-bitcoin-roundtable-consensus-proposal-too-little-too-late-e694f13f40b#.y8q7xnjhh

when the segwit debate came to a head, there was naturally a lot of backlash against coinbase. i think 2017 was when #DeleteCoinbase became a real thing for the first time. i'm sure they realized getting involved in political debates was really bad for business.