Conversation

David Z. Morris

So, I spent some time looking into

's latest acquisition, Neutrino. What I found, just by reading existing reporting, is insanely dark, and could/deserves to become a massive scandal for Coinbase. Thread. /1 breakermag.com/coinbases-newe

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@Richard_Toddar

I will not be sinking another dollar or satoshi into

. I’ve always defended them but not anymore.

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@mark_engelberg

Which exchange is worthy of our business and respect?

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@mark_engelberg

Kraken doesn't serve Washington state.

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@mark_engelberg

Anyone know why Kraken doesn't comply with Washington state regulations?

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@mark_engelberg

I've seen that, but it's not really an answer. Unless they name specific laws and explain why they pose an unreasonable burden, I can't really talk to my legislators about it. Without more explanation, Kraken comes off as dodgy for wanting to avoid regulation.

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@mark_engelberg

Without more information, it's hard to know whether Washington's regulations are truly burdensome or whether they are just more protective of consumers by eliminating shady practices.

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@mark_engelberg

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More protection is more burdensome. Do you feel protected by your limited choices or do you feel sanctioned? You can always set up a corporate entity outside of WA and trade through that if you want to elect yourself out of the sanctions/protections in WA.

9:01 PM · Feb 27, 2019Twitter Web Client

@mark_engelberg

Replying to

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Depends on the nature of the protection. If it's good, reasonable protection, then I'm happy to be limited to the companies which comply.