‘We Just Ripped The Pin Out Of The Grenade’—Radical New Bitcoin Company Issues Stark Coinbase Price Warning – Forbes


Competition between bitcoin and cryptocurrency exchanges is heating up as millions of new users flock to crypto following huge price rises this year.

The bitcoin price, after soaring to around $65,000 per bitcoin in April, has fallen sharply but the likes of San Francisco-based Coinbase continue to make millions in transaction fees.

Now, Jack Mallers, the chief executive of Chicago-based bitcoin payments company Strike, has warned that Coinbase is not “competing in the free market”—announcing Strike will let U.S. customers buy and sell bitcoin for almost no fees.

Sign up now for CryptoCodexa free, daily newsletter for the crypto-curious that explains the world of bitcoin with brevity. Arriving in your inbox at 7am EDT every weekday

MORE FROM FORBESBitcoin Billionaire Issues Stark Warning Over ‘Trillion-Dollar’ Mistake Amid Extreme Crypto Price Volatility

Subscribe to our Newsletter

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Share on facebook
Share on google
Share on twitter
Share on linkedin