Made the decision today that I’ll be exiting my Coinbase positions (stocks/bonds) and keeping my assets elsewhere for the time being.

I’ve been a Coinbase customer for over a decade now, and appreciate the early work they did in the space.

And while I don’t agree with being political silent (obviously) I can justify a business choosing to remain politically neutral and cause focused. That’s fair.

But sponsoring a military parade, in a divided country, with already split views of crypto isn’t true to this policy; and even if it wasn’t weird and gross, it’s just bad marketing that hurts this industries adoption.

And it comes on the heels of a lack of care and responsibility with user data. Treating users like line items.

If Base continues to decentralize in a credibly neutral way, maybe I’ll still use that.

If Coinbase corrects the ship maybe I’ll be back.

But as a long time customer, large share holder and long time advocate - this just isn’t the Coinbase I once knew, that stood for the values of this space.

I know so many great and well intentioned people at Coinbase, and I hope their voices and hard work gets heard and Coinbase can right the ship.

But for now, it’s time for me to vote with my wallet and use alternatives that either align with my values or that can actually keep their “credibly neutral” stance, instead of only applying it conveniently.

I’d encourage those of you who do care about this industry, and the values of decentralized, transparent systems, to consider how you’re voting with your wallet - and make a choice that’s right for you.

And I’d encourage Coinbase to figure out where they’ve lost their way, and how they can come back home.