Quote from: Poker Player on Today at 03:01:01 AM

Quote from: DaveF on Today at 01:28:17 AM

Just what I want to do, direct deposit my paycheck into a company known for horrible customer service.

It's really not that much more work to put my check into a bank and then ACH it to coinbase.

It's not so much about what you (or I) want to do. The average Coinbase user is not as knowledgeable or as concerned about privacy as the average user on this forum.

I think it's good news, just like when Paypal announced it would offer Bitcoin to its customers. Neither you nor I would buy it through paypal custodial service, but it popularizes Bitcoin and helps normalization and mass adoption (another thing is that Paypal later announced that it would allow withdraw Bitcoin but that was later).

As for depositing (even part) of the paycheck in Coinbase, this kind of thing increases turnover. It's a known fact that people spend to the extent you make things easy for them. One of the reasons for Amazon's success is that people spend with a click, they can even fund with a click.

So, yes, it's not ideal, but it's good news.

I'm with Poker Player, I think its good news. Its an extra avenue for people to get
exposed to crypto. OK using an exchange for anything other than...exchanging
is risky but hopefully a portion on the people who avail of this service will know
what the right thing to do with their paycheck is.

Exchange part or all to Bitcoin and transfer to secure wallet and transfer the
remaining FIAT to wherever.

It isnt that difficult to do the reverse either but I suppose Coinbase is opening a door
for whoever wants to walk through.