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100 Points for Coinbase CEO
Brian Armstrong, CEO of Coinbase, has made a bold and straightforward move, declaring:
1️⃣ Ending partnerships with law firms:
- He asserted that he will stop working with any law firms that employ individuals who have harmed the crypto industry.
- This is a deterrent statement aimed at organizations and individuals who intentionally undermine the crypto sector without providing fair rules.
2️⃣ Criticizing ethical violations:
- Armstrong emphasized that the deliberate act of 'destroying' a nascent field like crypto is unethical, especially when there is no clear and fair legal framework.
3️⃣ Calling for community unity:
- He also urged the crypto community to stop financially supporting entities or individuals whose actions harm the industry.
- This is a reminder for the community to unite to protect the future of crypto, rather than allowing external forces to undermine it.
Why is this move important?
Protecting the crypto industry:
- Armstrong shows that Coinbase is not just an exchange but also a 'guardian' for the crypto industry against negative forces.
Applying pressure on law firms and organizations:
- Law firms and organizations must carefully consider before partnering with individuals or entities that have negative behaviors towards crypto.
Reinforcing trust:
- This action reinforces the community's trust in Coinbase and Brian Armstrong, demonstrating that he is willing to stand up to protect the common interests of the industry.
Brian Armstrong, CEO of Coinbase, has made a bold and straightforward move, declaring:
1️⃣ Ending partnerships with law firms:
- He asserted that he will stop working with any law firms that employ individuals who have harmed the crypto industry.
- This is a deterrent statement aimed at organizations and individuals who intentionally undermine the crypto sector without providing fair rules.
2️⃣ Criticizing ethical violations:
- Armstrong emphasized that the deliberate act of 'destroying' a nascent field like crypto is unethical, especially when there is no clear and fair legal framework.
3️⃣ Calling for community unity:
- He also urged the crypto community to stop financially supporting entities or individuals whose actions harm the industry.
- This is a reminder for the community to unite to protect the future of crypto, rather than allowing external forces to undermine it.
Why is this move important?
Protecting the crypto industry:
- Armstrong shows that Coinbase is not just an exchange but also a 'guardian' for the crypto industry against negative forces.
Applying pressure on law firms and organizations:
- Law firms and organizations must carefully consider before partnering with individuals or entities that have negative behaviors towards crypto.
Reinforcing trust:
- This action reinforces the community's trust in Coinbase and Brian Armstrong, demonstrating that he is willing to stand up to protect the common interests of the industry.
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