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Alexander Leishman: Coinbase promotes speculation over financial control for most users
Alexander Leishman criticized Coinbase for encouraging users to "take back control" through its app, stating that the actual experience contradicts this message.
Leishman argued that the platform pushes financial speculation and gambling as a way out for users, suggesting that for the vast majority, it may ultimately worsen their lives rather than improve them.
Leishman's criticism of Coinbase fits within his broader call for higher ethical standards in the financial industry, a theme he previously outlined in his examination of why firms should avoid selling unwanted financial products. His skepticism toward speculative platforms also reflects a consistent perspective on the search for alternatives to conventional monetary policy, as detailed in his analysis of Bitcoin’s appeal amid relentless U.S. monetary expansion.
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