Coinbase has done a poor job with planning and handled this challenging circumstance very poorly. That’s clear. That includes poor social media management.

Many, including myself, admired this company because many of our smartest peers were joining in droves. Thought of Coinbase as their dream job. It is clear that that is no longer true.

Therefore when they say that they survived a crypto winter before, what they miss is that they previously had many that rooted for their success. I hope they hold no illusion this time.