1. Exquisite Tweets from @chiefyx

    Crypto1ChanCollected by Crypto1Chan

    @coinbase heavily regulated. All 50 states. @BitMEXResearch is staunchly unregulated. Yet why does it APPEAR to be the case that BitMex / Bitmex Research is a more "responsible" actor in the BTC space than Coinbase?

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    chiefyx

    Chiefy

    1) Seems that BitMex astutely liquidated all Bitcoin Cash on behalf of users & gave them something with a reasonable value... Bitcoin. blog.bitmex.com/site_announcem… Compare this to the "suprise" launch of Bcash on Coinbase

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    chiefyx

    Chiefy

    2) Bitmex Research produces timely arguments on hot issues - for example their take on ripple. This looks like it was written by thoughtful serious people with an understanding of troubling issues in traditional finance: blog.bitmex.com/the-ripple-sto…

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    chiefyx

    Chiefy

    3) Bitmex recently did a take on USDT - very balanced view. This is relevant to Coinbase because prices for digital assets on Coinbase appear related to trading on Bitfinex - so anything going on with Tether is of material interest to Coinbase users. blog.bitmex.com/tether/

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    chiefyx

    Chiefy

    4) I had a since deleted spat w @Bitfinexed cuz i don't think you can apply ethical principles like conflict of interest to the operators anonymous twitter / medium accounts. Application of these principles requires knowledge of the context in which claims are made. Can't be anon

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    chiefyx

    Chiefy

    5) And it is a shame because there's been a clear backlash against @Bitfinexed - likely warranted, but it obscures valid issues that @BitMEXResearch raises in their piece on Tether. This is potentially an AML/KYC issue & a serious one. Bad for the overall digital assets market

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    chiefyx

    Chiefy

    6) Meanwhile, scan Coinbase blog. Conspicuously silent on many key issues relative to users who buy Bitcoin, particularly those who buy into the Gold 2.0 argument. Very heavy on VC speak: "cryptocurrencies" & "blockchains" very light on the issues i think investors care about

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    chiefyx

    Chiefy