Genuinely not trying to fear monger, but as a concerned customer it would be great if @coinbase could provide clarity around the statement from one of their reps that their analytics provider sold client data to 3rd parties.
Paging @brian_armstrong.https://cheddar.com/videos/coinbase-adds-support-for-ripple-s-xrp-despite-regulatory-uncertainty …
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Replying to @jillruthcarlson @_jillruth and
Not sure what is so surprising about this?
4 replies 2 retweets 65 likes -
Replying to @NickSzabo4 @_jillruth and
Put it this way: for which businesses in the crypto space who KYC/AML' their customers do you have strong expectation that they are not and never will share such information? Why do you have such expectations?
17 replies 25 retweets 103 likes -
Replying to @NickSzabo4 @_jillruth and
My thought would be that my financial information is at least scrubbed if they are selling it, not literally my personal information to anyone.
1 reply 0 retweets 1 like -
Replying to @pwkad @_jillruth and
Why do you expect this? It's much more useful if has specific identifying information that can be linked to your other online activities.
3 replies 1 retweet 7 likes -
Replying to @NickSzabo4 @pwkad and
It appears most people think that because of the foundations of cryptocurrency, that for some reason all companies would share that view, what they don't understand is that businesses ARE businesses. It's clearly more in their interest to go this current route.
3 replies 0 retweets 5 likes
I strongly and sadly suspect you are right, there are a ton of people in this space who magically attribute the properties of cryptocurrency to the properties of exchanges and other trusted parties, which are nearly the opposite in their design and function.
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Replying to @NickSzabo4 @pwkad and
The financial institution that moved the money into the KYC exchange already reported and shared the data as well
0 replies 0 retweets 2 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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