NEW token listed on Kraken: #LUNA2
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blog.kraken.com/post/14142/ter
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why
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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
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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.
After what happened with LUNA over the last couple of weeks, doesn't it feel like LUNA 2 should not make it past the bar?
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If Luna2 makes that bar...it isn't that high of a bar really
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