Ive got .001B (5 bucks) that says coinbase gets hit with a class action lawsuit if they follow the 2x fork. Heres why… _ Bitcoin what is a bitcoin miner

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At coinbase you can set up auto purchases that automatically deduct from your checking account a specified amount of money and purchase bitcoin on a daily weekly or monthly basis. I happen to know multiple people enrolled in this process that want to make their bitcoin investing as simple as possible.What is a bitcoin miner most of these people know very little about bitcoin and about the scaling debate.

If the 2x hard fork goes through and coinbase follows it then when they’re automatic purchases kick in they will not be buying the same product that they bought before. This will be problematic at best and arguably intentionally misleading at worst seeing as that coinbase could shut off all automatic purchases and should but won’t.

If any of these people suffer any damages from this outcome a class action lawsuit that will put coinbase out of business is inevitable.

Personally I believe that even if they shut off these automatic purchases coinbase can still be held liable for any lost funds caused by the split held in their users wallets because coinbase is not demanding replay protection and is actively pursuing a chain that does not remain and consensus with what is in their users wallets.What is a bitcoin miner

I’m going to help those that I can but most people that I know are too busy and to technically overwhelmed to set up their wallets without me guiding them through step-by-step in person. Therefore I do not see this ending well for coinbase.

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