Is Coinbase down?
Coinbase is a digital asset broker headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
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Coinbase Issues ReportsLatest outage, problems and issue reports in social media:
@GateHub @XRPLF I have actually given up using your Gatehub platform The security and resetting passwords is a joke. It was sending me round in circles. Why cant you have a decent login system like coinbase I never have problems with them. Allways problems with your login system.
from Montréal, Québec
@jack "Source amazing talent" is going to be a harder thing for @brian_armstrong to achieve now that he has codified a policy to stay out of the problems affecting so many people in the world. What a weak corporate value. I certainly won't be applying to positions at @coinbase.
I find it amusing, especially in light of coinbase news that blockchain was going to solve all our problems, until a real problem came along (covid) and now we hear nothing about blockchain.
Anyone ever have a problem with coinbase verifying identity?
@Silver_Watchdog got to slim down who can benefit from the ipo. Coinbase know the industry is rotten and want a pump and dump of their own.
@dickc "Lively debate" is the last thing Coinbase's detractors on this issue want.
@paulg @brian_armstrong The name "coinbase" alone makes me want to burn it down
Is it possible coinbase didn’t need to make a statement if they weren’t going to take a stand on any specific issue. In a way the very action of releasing their statements means they took a stand for advocating corporate apathy.
@business Of course, @coinbase is total rubbish with literally the worst customer service in existence. Which is to say it does not have any customer service at all. Great for their scale and executive profits, terrible if anything at all goes wrong as a user
I think the Coinbase issue could make more sense, if there’s an internal management problem in the company that we’re not aware of.
@HammerToe It's not a KYC issue, as I obviously had to KYC for LocalBitcoins. It's just not having a bank account makes it impossible for me to access funds from Coinbase another fiat-to-crypto onramp
@MsHodl What’s wrong with Coinbase? Coinbase Pro is pretty reliable except when everyone is trying to buy. Binance still has issues though and probably has even an even better engine in their back end.
@Jason @coinbase @SlackHQ How about we stop giving out points for people acting like complete *******. Problem solved.
@benjbrsi @jack yes! like the growth of bitcoin doesnt guarantee a less exclusionary financial system. coinbase ceo was trying to argue something similar. he didn’t want to worry about what he saw as extraneous social issues and argued just growing infrastructure would mean more economic freedom
The dumbest thing about this whole coinbase mess is that crypto/blockchain is supposed to be a solution to some very real societal issues
@AlmostMedia @coinbase I actually appreciate the transparency. Completely disagree with their position, and I think it’s wrong and even harmful, but as long as they own the decision and do so publicly, they’ll have to live (or go down) with it.
Deleting coinbase started a purge. Down 20 other apps.
@Slick15Rk @coinbase Fees too high Too limited Too many shitcoin listing and not enough real use case cryptos Customer service is terrible They dont give a damn about its customers so why give a damn about them.
The funny thing is this statement from Coinbase will repel even marginally progressive people and ensure Coinbase is staffed only incels that have no issue processing payments for say the Proud Boys gift shop or some other horrific ****.
@EricaJoy @IanRountree @coinbase Because this is Twitter I should clarify that I’m joking. Companies with cash flow issues have better ways to move people off payroll.
@FreedomOfSilenc @heidilegg @jack "They" can also close your Coinbase account. I think Jack misses the mark by conflating Coinbase with crypto. It's like saying a stock brokerage should comment on broader societal issues because it has customers who are members of society.
@AlmostMedia @coinbase I don't think that's the issue. You don't treat people as people, not free individuals, in this case. Add to that all that corp bs about "changing the world" etc and it seems hypocritical at best.
Is @coinbase down?
@AlexShulepov7 @coinbase Ok I can wrap my head around critiques of corporatism. But isn’t it an issue that we treat corporations as if they are people? And they are not...so inherently have no intrinsic values we don’t give them?
@AlmostMedia @coinbase The original post still stands out to me: its deeply hypocritical and disenfranchising to anyone even remotely underprivileged. The severance play is just a quixotic doubling down on that ideology, so it seems less bad to me?
Solutionism is always present, even with the Coinbase debacle: tech companies demand their workers solve problems in ways that center the company's goals/vision yet cry foul when workers try to solve problems in their workplace or their society without centering the company
@jack Hypocrite! Ur "acknowledgement" of a large segment of ur users comes via blocking accounts. @brian_armstrong runs a business. His employees are hired & receive a paycheck to focus on @coinbase. He has NO obligation to allow toxic & divisive "social justice issues" to seep in.
@Jason @coinbase @brian_armstrong If everyone who claims to hate the state of social discourse would stop being part of the problem ... no more problem. Tons of hypocrisy. So many are really complaining about people not agreeing with them.
@jack @RyanWatkins_ i highly doubt median coinbase customer faces the societal issues you’re describing here. I bet their core base are sick of social justice warriors looking to steal their wealth through taxation. Their customers are happy to see coinbase align with their ideology “Leave us alone”
@jack But... coinbase's mission is to introduce the unverifiablility and exclusiveness of our current financial system into the world of crypto, so isn't coinbase correct to *ignore* all the societal issues their customers face?