Coinbase ran a full-page ad in the Wall Street Journal with the headline “Trust Us.” Coinbase said: Millions of users have given money and trust to people who don’t deserve it, users have been taken advantage of, and this shouldn’t have happened.
— Coinbase (@coinbase) November 17, 2022
For ten years, Coinbase has been committed to being the safest and most compliant crypto trading platform. Headquartered in the United States, Coinbase holds customer assets 1:1. No transactions against customers will be made, nor will their funds be used without their consent. Provide transparent financial and auditing required by listed companies. Yes, you can trust us.
But in fact, you also have the right to doubt. Malicious people have been spending people’s hard-earned money since the beginning. Users should have a decentralized system so that they don’t have to trust Coinbase or anyone else. This is the promise of the crypto world. The only thing the user has to trust is the math.
Everything is transparent, immutable, and verifiable for all. Now is the time to create a regulatory framework that will make this future possible. It’s time to optimize the entire encryption system.