Coinbase Works to Calm User’s Bankruptcy Fears as Its Stock Price Plummets

Discussion in 'Latest US & World News' started by wgabrie, May 11, 2022.

  1. wgabrie

    wgabrie Well-Known Member Donor

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    Coinbase Works to Calm Users Fears of Crypto Bankruptcy (gizmodo.com)
    If the crypto-exchange platform goes bankrupt, users with funds tied up with the company will no longer have access to them.

    Someone showed me the news today that Coinbase might go bankrupt. Although I don't have any assets in Coinbase right now, I do use it to cash out my crypto-mining in Norton Crypto. So, without Coinbase my Ethereum mining is pointless.

    Crypto-currency is having a bad run right now. Will we ever trust it again?
     
  2. Durandal

    Durandal Well-Known Member Donor

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    Crypto currency is superfluous and only enables criminal individuals, organizations and countries to get around laws and restrictions. Shut it all down, I say.
     

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