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RE: Coinbase acquires Earn.com as it attempts to become the Google of the Cryptocurrency Industry

in #cryptocurrency6 years ago

These acquisitions made by Coinbase in recent weeks show the rapid growth and quest for top notch talents from the cryptocurrency industry. They have been supported by their investors in their quest for staying on the top and being market leaders. However, there remains one problem...Coinbase is a centralized platform. No matter how smart the individuals are employed by Coinbase or how many successful companies they acquire, the fundamental problem lies within the centralised nature of Coinbase. We at Blockbasis, where you can send and receive cryoto with an email, believe in the importance of decentralized exchanges, which you can read more about on, "Are centralised exchnages good or bad for cryptocurrency?". While centralised exchanges are currently more popular in terms of volume, more and more cases show that they get hacked and users loose their coins.