I wrote an article on November 2015 titled "I am happy I went with Coinbase." Here it is:https://www.publish0x.com/twodogscaged/i-am-happy-i-went-with-coinbase-xlqepve
Today, I read this article: https://www.cnbc.com/2023/11/30/coinbase-jumps-in-november-as-ftx-binance-founders-brace-for-prison.html about how in the same month the SBF and CZ are either in jail, or going to jail, COINBASE share are up over 60%.
I am writing this, not to be arrogant over my thoughts or my decisions, but to keep making the point that in order for cryptocurrency to survive and then thrive, we need to have solid cryptocurrencies and exchanges based on real and tangible things. An exchange needs to be rooted in the law, and follow basic principles to protect the investor. We do not need shameless promotors willing to commit illegal acts.
I went with Coinbase because it is listed on the Nasdaq in the United States. It is a legal company. It has been working with the United States to follow laws regarding cryptocurrency (there are none really) and has been seeking clarification from the SEC on how to proceed within the law. I have written many articles on this (see my past posts).
Even though I often to not write bout positive happenings in cryptocurrency, I am very optimistic about the future of cryptocurrency. When I coach sports, or in my career as a psychologist, I do not look at what is going well as the foundation of growth, I look at weaknesses and build from their to shore them up. That is how to have success, and it seems to be paying off when I think about cryptocurrency.
