What’s up with Coinbase and Bitcoin Cash?

A large amount of users started leaving Coinbase this week after they anounced it wouldn’t be supporting the new currency. (Bitcoin cash is a brand new digital currency, established on Tuesday, through a “hard fork.”)

However investors are looking confident that Coinbase’s decision will pay off…

“From an investor’s point of view, we invested in Coinbase because they have made a voluntary commitment to be regulated,” Barry Schuler said, “and to focus on being trusted and safe — as safe as you can be in an experimental environment like this.”

Check out this great article on the subject at businessinsider.com ->


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s