By Red Pill   |  04-23-2018   News
Photo credit: RichardMcColl.com

There's monumental news coming out of the world of cryptocurrency today, where Coinbase has decided to suspend the account of Wikileaks, the famed media outlet with 100% accuracy rating, allegedly over subpoenas issued from Special Counsel Robert Mueller.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Bitcoin firm Coinbase has terminated Wikileaks&#39; account, citing Terms of Service violations. <br><br>I wonder if this has anything to do with a subpoena that they may have received for records from the Special Counsel.</p>&mdash; Ed Krassenstein ???? (@EdKrassen) <a href="https://twitter.com/EdKrassen/status/988390598557208576?ref_src=twsrc%5Etfw">April 23, 2018</a></blockquote>

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This could destroy Coinbase’s credibility, if accurate, and they were willing to comply with a subpoena on Wikileaks records, despite there being no criminal charges ever having been issued against Wikileaks.

This brings about an interesting turn of events in general for the cryptocurrency world, where several decentralized platforms have been in competition with the mainstream cryptocurrency tokens such as (BTC)<a href="https://bitcoin.org/en/"> BitCoin </a>and (ETH)<a href="https://www.ethereum.org"> Ethereum</a> have seen stiff competition from privacy-focused projects like (PART)

<a href="https:// particl.io"> Particl</a>, (DASH) <a href="https://www.dash.org"> Dash</a>, or even (XMR) <a href="https://getmonero.org"> Monero</a>, among others, as heavy distrust continues to flow around the coins of outdated and failed security policies, as well as platforms such as Coinbase who have now, in the eyes of many, overstepped a red line in their decision against Wikileaks.

Wikileaks had previously threatened to “call for a global blockade of Coinbase” if they chose to give in to the demands of a weak subpoena, stating that Coinbase would become "an unfit member of the crypto community."

This news is certainly going to affect the trust of Coinbase, and drive more investors as well as traders into decentralized, privacy-focused platforms to avoid the potential problems of risking their own stakes in the cryptocurrency world.

Where Coinbase has succeeded is in their feature that would allow online retailers accept crypto as a form of payment, although several of the privacy tokens are working towards their own unique marketplaces which will allow for commerce built with privacy at its core, meaning that all transactions between buyers and vendors are fungible (untraceable and private). To achieve this feat, many privacy solutions are deployed such as CT escrow smart-contract, IP obfuscation, encrypted messaging and metadata leak protection.

Wikileaks has much clout in the international community as one of the most highly-respected identifiers of global corruption, and any call to boycott Coinbase could dramatically reduce the use of the company as a result.

This comes after recent news that the Democratic Party’s elite has decided to file a lawsuit naming Wikileaks, Russia, and the Trump campaign as defendants.

Wikileaks has essentially laughed that the response as has Americans, who realize the Democratic Party has made a huge mistake in their failure to move onward from the loss of the 2016 elections, due to the corruption from within the party.

In response, Wikileaks has also offered a countersuit in which they're asking for donations to continue to battle the Democratic Party in a court of law.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">The Democrats are suing <a href="https://twitter.com/wikileaks?ref_src=twsrc%5Etfw">@WikiLeaks</a> and <a href="https://twitter.com/JulianAssange?ref_src=twsrc%5Etfw">@JulianAssange</a> for revealing how the DNC rigged the Democratic primaries. Help us counter-sue. We&#39;ve never lost a publishing case and discovery is going to be amazing fun:<a href="https://t.co/E1QbYJL4bB">https://t.co/E1QbYJL4bB</a><br><br>More options:<a href="https://t.co/MsNZhrTzTL">https://t.co/MsNZhrTzTL</a> <a href="https://t.co/VbPp7FTNq3">pic.twitter.com/VbPp7FTNq3</a></p>&mdash; WikiLeaks (@wikileaks) <a href="https://twitter.com/wikileaks/status/987454233862705152?ref_src=twsrc%5Etfw">April 20, 2018</a></blockquote>

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<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">DNC head Tom Perez refuses to say whether lawsuit against <a href="https://twitter.com/wikileaks?ref_src=twsrc%5Etfw">@WikiLeaks</a> was really Hillary Clinton&#39;s idea and how much it is going to cost Democrats <a href="https://t.co/whrfnl9Ned">https://t.co/whrfnl9Ned</a></p>&mdash; WikiLeaks (@wikileaks) <a href="https://twitter.com/wikileaks/status/988089117778042882?ref_src=twsrc%5Etfw">April 22, 2018</a></blockquote>

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In announcing this lawsuit, Democrats have tried to shift blame towards Wikileaks versus actually admitting that they rigged the Democratic Party’s primaries in favor of Hillary Clinton, and in doing so marginalized the voters of Bernie Sanders.

Most certainly there's a coordinated effort to prevent Wikileaks from operating, with this new lawsuit and decision from Coinbase occurring within a month of preventing Julian Assange from accessing the internet in a widely criticized blackout.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">DNC Files Laughable Lawsuit Against Trump Campaign, Wikileaks, and RUSSIA ????<br>GOOD JOB-????<br>REMIND EVERYONE OF ????????<a href="https://twitter.com/hashtag/DNCLeaks?src=hash&amp;ref_src=twsrc%5Etfw">#DNCLeaks</a> <a href="https://twitter.com/hashtag/PodestaEmails?src=hash&amp;ref_src=twsrc%5Etfw">#PodestaEmails</a><a href="https://twitter.com/hashtag/QAnon?src=hash&amp;ref_src=twsrc%5Etfw">#QAnon</a> <a href="https://twitter.com/hashtag/GreatAwakening?src=hash&amp;ref_src=twsrc%5Etfw">#GreatAwakening</a> <a href="https://twitter.com/hashtag/FridayFeeling?src=hash&amp;ref_src=twsrc%5Etfw">#FridayFeeling</a> <a href="https://twitter.com/hashtag/FlashbackFriday?src=hash&amp;ref_src=twsrc%5Etfw">#FlashbackFriday</a><a href="https://twitter.com/hashtag/ThesePeopleAreStupid?src=hash&amp;ref_src=twsrc%5Etfw">#ThesePeopleAreStupid</a> <a href="https://twitter.com/hashtag/DNC?src=hash&amp;ref_src=twsrc%5Etfw">#DNC</a><a href="https://twitter.com/hashtag/MAGA?src=hash&amp;ref_src=twsrc%5Etfw">#MAGA</a> <a href="https://twitter.com/hashtag/GOP?src=hash&amp;ref_src=twsrc%5Etfw">#GOP</a> <a href="https://twitter.com/hashtag/Russia?src=hash&amp;ref_src=twsrc%5Etfw">#Russia</a> <a href="https://twitter.com/hashtag/DeepState?src=hash&amp;ref_src=twsrc%5Etfw">#DeepState</a> <a href="https://t.co/xUTaeFAuKz">https://t.co/xUTaeFAuKz</a> <a href="https://twitter.com/hashtag/news?src=hash&amp;ref_src=twsrc%5Etfw">#news</a></p>&mdash; Red Pill (@IWillRedPillU) <a href="https://twitter.com/IWillRedPillU/status/987393727218974722?ref_src=twsrc%5Etfw">April 20, 2018</a></blockquote>

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Assange has been labeled as a humanitarian hero to the world, as has Wikileaks in their accurate reporting regardless of which side of the political spectrum the target may be.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">WikiLeaks will call for a global blockade of Coinbase next week as an unfit member of the crypto community. Coinbase, a large Californian Bitcoin processor, responding to a concealed influence, has blocked the entirely harmless <a href="https://twitter.com/WikiLeaksShop?ref_src=twsrc%5Etfw">@WikiLeaksShop</a> in a decision approved by management. <a href="https://t.co/PAldF8b12P">https://t.co/PAldF8b12P</a></p>&mdash; WikiLeaks (@wikileaks) <a href="https://twitter.com/wikileaks/status/987531916055318528?ref_src=twsrc%5Etfw">April 21, 2018</a></blockquote>

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As a response to the decision of Coinbase, Wikileaks will be calling for a “global blockade” of Coinbase beginning this week.

Most would suggest the decision from Coinbase, regardless of their logic for doing so, was a terrible decision in terms of future business potential.

Outside of saying that Wikileaks was in violation of their terms of service, Coinbase hasn't offered a logical reason as to why.

Additional Sources or Relevant Information:

https://www.cnbc.com/2018/04/23/coinbase-suspends-wikileaks-bitcoin-account.html

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3 Comment/s


Anonymous No. 23944 1524522025

Foolish to rely on centralized exchanges regardless. Only real use for it is an initial onramp if there's not much activity on localbitcoins in your area, afterwards you should use a mixing service to get your funds to a private wallet.

Anonymous No. 23946 1524522512

Coinbase is merely the most reputable and convenient of CC exchanges. It's by no means the only one, and who can forget that you can simply sell on the side? For example, Craigslist is full of people interested in making deals on CC, and most people are willing to offer a deal if you'll sell in CC. So you save money if you buy with CC (this is because it can be challenging at times to make large purchases of CC, so in-CC is more valued than out-of-CC).

Anonymous No. 23947 1524522778

You can donate to Wikileaks here:

https://www.iamwikileaks.org/donate/

If you click on Bitcoin you will see the Bitcoin address. You simply send from your wallet, just as Bitcoin was designed. Indeed, you are quite free here, and Coinbase cannot stop you. In theory, they could track which bitcoins were involved with WL and cease to sell you Bitcoin, but, again, there are many ways to obtain Bitcoin, the commonest one being to simply buy them from an individual. This is just as legal as selling home-grown apples or something. Why do people desire to be slaves? Nobody imprisoned you, rather, you were addicted to self-harm.

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