Ben Bauer
4K posts
Ben Bauer
@DropOutEcon
Transformational Coach, Speaker and Entrepreneur
Coinbase
A lot of people have completely lost the plot on CLARITY. Some of you are so desperate to get a bill passed that you’re willing to let banks gut stablecoin rewards and call it progress. And now @brian_armstrong and @coinbase are the villains because they won’t accept it? Be serious. Yes, Coinbase benefits if stablecoin rewards survive. So do users. That’s the whole point. Everybody in this fight has interests. The difference is Coinbase’s interest here is aligned with users. The banks’ interest is making sure they keep the upside. A lot of the people talking the most shit either forgot or never cared who’s actually been in the fight. Coinbase pushed for clear rules, took the SEC lawsuit, stood up for staking, funded key legal fights, and helped build real political pressure for this industry. I want CLARITY passed too. But not like this. We are not starting from zero here. Between the regulatory clarity we got this month and where GENIUS left things, this is not some accept-anything-now-or-get-nothing moment. That’s what makes this so backwards. Crypto gets so desperate for the quick win that it starts helping the wrong side win the bigger fight.
Hey @brian_armstrong .ETH I think I can help you here. The thing that "shifted about a year ago" is the XRP Community exposed #ETHGATE (which curiously none of you will speak of) which was a Bitcoin/Ethereum Monopoly attempt by the government in coordination with select companies and people in the crypto community. You didn't know anything about it did you? #RELISTXRP
While Coinbase tries to block the Clarity Act my gut takes me here. This is not my first rodeo.
True story. I lost around 6.9M on Coinbase during the Shiba Inu run. Tried to off-ramp. Platform locked up. Couldn’t move. Couldn’t sell. Just sat there watching it disappear. Haven’t used it since.
#Epstien got these guys running the same race. They don’t want true DeFi to win. They want the Fed 2.0 with even more digital constraints than before. They cant win. They wont win.
For those who think Coinbase was “unaware” of Epstein’s investment…they 100% were aware. ⬇️⬇️⬇️ FRED EHRSAM (Coinbase Co-Founder)- Hey guys - wanted to check in as you said you'd be back yesterday. BRAD STEPHENS (Blockchain Capital)- I apologize for the lack of communication - Jeff was in a full afternoon board meeting yesterday. Brock is working with his EA to ideally find a time for you two to meet today. We will be back to you shortly. FRED EHRSAM- Ok. I have a gap between noon and 3 PM today, but again, not crucial for me, but would be nice to meet him if convenient. Is it important for him? 🎯🎯🎯
For those who think Coinbase was “unaware” of Epstein’s investment…they 100% were aware. ⬇️⬇️⬇️ FRED EHRSAM (Coinbase Co-Founder)- Hey guys - wanted to check in as you said you'd be back yesterday. BRAD STEPHENS (Blockchain Capital)- I apologize for the lack of communication - Jeff was in a full afternoon board meeting yesterday. Brock is working with his EA to ideally find a time for you two to meet today. We will be back to you shortly. FRED EHRSAM- Ok. I have a gap between noon and 3 PM today, but again, not crucial for me, but would be nice to meet him if convenient. Is it important for him? 🎯🎯🎯
Hey, @coinbase was Gary also fighting for the betterment of retail investors?
I WANT TO SCREAM AT EVERY POLITICIAN AND EVERY IVORY TOWER WHO NEGLECTING RETAIL WHEN IT COMES TO CRYPTO SHAME ON YOU ALL