Coinbase CEO on failed crypto bill: Some things in bill we were surprised by and had issues with

Bottom line. Banks are crooks.

Those surprise add-ons were basically a gift to the banks. Coinbase dipped cuz the bill would’ve wrecked the good stuff and tanked our returns. Brian’s like better no bill than a garbage one and honestly I respect it.

BITCOIN HAS TO BE MINED….XRP HAS A LIMITED SUPPLY

Banks were TOO LATE!! LOL

Brian Anglokikeweak

Good.  The banks tried pull of fast one last minute and drop poison into the bill. Coinbase is on the side of crypto investors.  They effectively were trying to ban tokenized equities, ban on intrest on stable coins because the banks want a monopoly on interest payments, then a ban on defi.

Kraken and Ripple wanted to pass it because, and I quote "a passed bill is better than no bill."  Screw Kraken and Ripple.

Genius, key words securities how would banks consume it all 1941 executive order 6102. You have spent too much money like it is your personal piggy bank, keep it with the people.

This battle is exposing predatory lending with congressional support. Literally, WTF?

Step aside banks, you guys need to retire while the new revolution of digital exchange changes the world with faster payment, privacy, stable yield coin, and more

… NEXT THEY'LL BE TRYING TO PUT A MICROCHIP IN YOUR HAND AND FOREHEAD TO TRACK YOUR EVERY MOVE!

… THEY KEEP ON TALKING ABOUT THE BANKS! IT GOES BEYOND THE BANKS! THEY WANT THE US GOVERNMENT IN YOUR EVERY SINGLE TRANSACTION FINANCIALLY! THEY WANT TO TRACK YOU AND YOUR FINANCIAL MOVEMENT.😮😮😮

IT'S NOT ABOUT THE BANKS. IT'S ABOUT FINANCIAL PRIVACY AND FREEDOM! THEY WANT TO MONITOR YOUR EVERY TRANSACTION! 😔😔😔

Someone in Crypto please explain. If an exchange (Coinbase) doesn't lend money then one needs to go to a bank, correct??? If the bank doesn't make money then they cannot lend money correct? So how exactly is it you expect growth without lending?

This is why we need younger pollutions Like Tim Scott who sees the future

The Jews told their puppets No!! The ppl can never have control of their finances. Work until you drop

Explain things

Petro-stablecoin?

Does the Panama Papers crowd want cryptocurrency with government knowing about every penny?

Proud of this guy.

The smartest most careful and judicious person in crypto. I'm with Brian, whatever he does.

Banks trying to ban earning interest on stable coins

He seems like a smart man so I’m sure he undoubtedly knows that holding your money in high volatility, high risk assets is much much more of a risk then holding it in a bank and he’s making the argument that it is because of what fractional reserve banking? Well even if the bank goes bust your money is covered by the government in that event and your get it back do you really think your be awarded that same privilege in the event of a rug pull?

Professor Xavier ❌

Trumps crypto is a scam

Crypto was better with the Democrats

Just give more 💸💵 to the 🍊🤡, he’ll fix it for you.

Brian Armstrong of Coinbase warns that the latest Senate crypto bill could unfairly favor banks and limit consumer choice. By allowing stablecoins and DeFi to compete on a level playing field, the financial system can modernize, offering safer, higher-yield options for everyday Americans. This is a pivotal moment: banks must evolve or risk losing relevance, and consumers stand to gain the most from innovation.

They won't be able to change rewards on tokens. Just use phantom wallet.

Banks were not going to take this lying down , they have politicians on their payroll

This coin base CEO is a scammer. He’s made billions of us…

Hey, Donald, crypto-president, WTF….

China is rewarding users by letting the digital yuan earn interest, while in the U.S. crypto bills are getting blocked because greedy big banks don’t want competition. Stablecoins paying yield could pull trillions from banks, so rules are being pushed to ban rewards. One side encourages adoption, the other protects banks. The future of money is being decided now.

Banks react to crypto like big tobacco to vaping