NEW token listed on Kraken: #LUNA2
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blog.kraken.com/post/14142/ter
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Client demand. There’s a weird dynamic with exchanges. Switching cost is low and people tend to want to do everything all in one place for capital efficiency/synergies/convenience. Not supporting 1 coin people demand could cost you the entire account. Listing isn’t an endorsement
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Doing things like this erodes reputation with Bitcoiners.
When you take a stance against ponzi schemes, we take note...like when you stood up against BSV and added lightning network.
Does Libertarianism mean you should have no moral compass and accept erosion of ethics?
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We try to be as asset-agnostic as possible. We're here to run a marketplace, facilitate price discovery, not pick winners and losers. Fiat and most stocks are garbage but where's the outrage? Revenue from these other coins pays for all the security, pro-BTC lobbying and marketing
If it's paying for this marketing, it's not worth it.
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List or delist whatever you want. It’s your business. The market will decide.
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"Revenue from these coins pays for security, pro-btc marketing and marketing"
That's a valid point, maybe this story needs to be told better.
It doesn't feel like a stance is being taken, it feels like endorsement of these coins.
Is it not better long-term to set a bar?
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There is a bar, which is why we have only listed < 200 out of > 10,000 coins. I agree it'd make a good topic for an Intelligence report.
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Luna 1.0 was literally a ponzi, and can only be bailed out by something bigger, like Luna 2.0. I bet you guys list Luna 3.0 as well.
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Some of the outrage is from the overt promotion. Seems like this is geared to gaining new customers rather than keeping existing happy.
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What’s the difference between fiat / stocks and altcoins?
At what point do you realIze your services around altcoins is a mirage?
Hope you hold onto your #btc and don’t become a coinbase
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