[dragonsh]

This is a post written by a crypto company, which has all its interest in keeping it alive. Hopefully 2020 will be a watershed movement in crypto world and people will stop calling a peer to peer distributed exchange mechanism by names similar to money.

Crypto is not money and company like coinbase thrive on that information asymmetry because a normal person do not understand that cryptocurrency is not really a money,but a network of computers trying to fix some arbitrary value to a sequence of string which are worthless in themselves if not widely used for exchange of goods and services.

Hopefully in 2020 peer to peer exchange of good and services evolve and companies like coinbase don’t need to exist (this was the true purpose of distributed currency to get rid of companies like coinbase and being hold hostage by them by keeping wallets under their supervision without liability unlike the way bank maintains account with liability and protection).