I’m not part of the token listing process.
My focus in on new products that will accelerate #bitcoin adoption.
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Here's some light:
1. you have to buy bitcoin with something
2. Alt research & speculation is good for BTC
3. Trading fees on all the non-bitcoin pairs subsidizes the cost of running a secure, compliant, robust bitcoin exchange. A bitcoin-fiat-only exchange would not survive
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As a global order book exchange, yes. CashApp isn't global and it doesn't have an order book. It also subsidizes crypto trading with stock trading, payments, etc. Why aren't you outraged about the availability of $TSLA on CashApp?
I agree with Jesse. A pure exchange needs multiple assets due to the nature of the business. River isn't a pure exchange, it's a financial services company with Bitcoin buy/sell as one product. I'm a big fan of Kraken personally. I wrote their Ruby API library years ago!
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While we all may disagree on the potential of non-Bitcoin assets, there's no denying that Kraken has done a tremendous amount for Bitcoin adoption over the years. There's a lot we can all keep working together on!!
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