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by quantdev 3244 days ago
I don't see how this is a valid argument. So what if Mt.Gox was worse? The point is there are many better exchanges than both Mt.Gox and Coinbase nowadays from a fees, customer-support, and reliability perspective.

Coinbase has three major advantages: (1) incredible marketing, (2) flashy and good UX, and (3) (claimed) safety via cold storage.

The first (1) is a counter argument in my book, (2) is irrelevant, and (3) only matters if you let them control your private keys, which is stupid and the antithesis to Bitcoin.