Maybe you should work to make your products more user friendly and more mainstream users would take their money out of these silos. The reason people use them is because it's feels safe and it's simple to use. Not trying to be a ball buster here, but we should stop bitching and try to make our products more intuitive in addition to cutting edge. We can't ignore this aspect of software design. Twitter is not a cutting edge technology, but it is simple and effective. We tend to over complicate things for users and this will always drive users to companies like Coinbase and they will be glad to stockpile customer money. I take this as a personal challenge to prove that we can build these types of products without institutional backing or money.


> On Jul 15, 2014, at 7:13 PM, Justus Ranvier <justusranvier@???> wrote:
>
>> On 07/15/2014 07:29 PM, Josh Walker wrote:
>> This is, of course, a deliberate design choice by Coinbase and not a
>> consequence of any technical limitation in Bitcoin at present. I have
>> spoken at length on my feelings about Coinbase balkanizing the space to
>> discourage external transactions. (And all their other shenanigans and
>> general lack of transparency or consideration for a UX that is good for
>> Bitcoin.)
>
> This is bad, but what's worse is creating a huge pile of customer
> deposits which can be lost or confiscated.
>
> The more successful Coinbase becomes, the more attractive of a target
> they become for a hack or bail-in.
> <0x38450DB5.asc>
> _______________________________________________
> unSYSTEM mailing list: http://unsystem.net
> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem