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SBF

@SBF_FTX

Replying to

@LDrogen

what would differentiate "Robinhood for crypto" from Coinbase?

8:06 PM · Aug 14, 2021Twitter Web App

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and

I guess he means no commissions / 150 basis points to make a trade.

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and

ya though unclear if it's the 0-fee branding, or the effective spread

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FiddlerBee || TruffleFi

Replying to

and

trustless defi protocols that replace the robinhood backend but also save their easy to use aesthetic and normie on ramps. Allow for fiat to eth/btc transfer from a bank or service like wyre and ensure a culture of self managed non custodial wallets and meta mask integration.

FiddlerBee || TruffleFi

Replying to

and

integrated trading data, partnering with things like

@tradingview

and

@chainlink

to bring the best possible data to the fold. Allow for multichain wallet access. it would essentially be DEX that could offer a DAO structure and gov token. Like Uniswap but a more focused scope

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and

Yeah what would happen to Coinbase’s stellar Net Margin if (when….) the transaction fees get slashed? Also my reservation on an investment

African Crypto Warlord

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and

Good Branding.

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and

I guess he was expecting much cheaper fees or something but even if someone gets to the level of coinbase user base and starts to threaten them, coinbase can reduce their fees, huge if 🤷‍♂️

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and

UIUX dude …all about the user experience …ALL about the user expertise …one more time …ALL@ABOUT THE USER EXPERIENCE - make it easy for me to buy and sell as many times as I want - you take in the fees.

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Just need 0 trading fees branding 🏌️‍♂️

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and

He means a zero-fee trading. @ln_strike is trying to expedite this “race to zero fees” but the galaxy brain move would be for FTX to drop fees and watch Coinbase cry to mamma. The real game is being the bank. Credit/lending, mortgages, loans- built on instant settlement at Fed