Coinbase De-Platforms Gab While Square Allows Bitcoin Withdrawals

DigitalBank is creating the Future of Confidential E-Banking . No Documentation Needed for Opening Accounts .

The First and Only Decentralized Anonymous Banking System in the World .
The DigitalBank is the safest vault for Bitcoin and Cryptocurrency , more secured than any cold storage option available on the markets . You can finally remain independent of third-parties to own your assets.

The DigitalBank breakthrough , is in the signing of transactions without storing any private keys – making the DigitalBank Account near to unhackable .

 

The Best CryptoCurrency Wallet 2019 :

 https://www.digitalbank.capital/

1 min ago Coinbase De-Platforms Gab While Square Allows Bitcoin Withdrawals
Gab, an anti-censorship social media platform, has reportedly been de-platformed by Coinbase , one of the world’s largest Bitcoin wallets and exchanges.
On January 5, the Gab team said the accounts of both Gab and Andrew Torba, the CEO of Gab , were closed by Coinbase. As predicted: the on ramps and off ramps (exchanges) are going to start censoring not only companies, but also individuals. @coinbase has now banned both Gab’s merchant account and Andrew Torba’s personal account.
Decentralized exchanges are the future. pic.twitter.com/LXkjblrdgu
— Gab.com (@getongab) January 4, 2019 Square Able to Support Bitcoin Withdrawals
Over the past several months, leading payment processors in the likes of PayPal and Mastercard are said to have practiced censorship on high-profile political commentators and content creators, placing pressure on subscription platforms like Patreon to de-platform certain individuals.
Dr. Jordan Peterson, who revealed that he was receiving $80,000 a month from his Patreon account during a podcast, had his account unjustifiably shut down by Patreon without any prior explanation or warning.
Gab said that the presence of companies and governments with significant control over the global financial industry disallows the freedom of speech and enables censorship and said that decentralized financial systems are the sole solution to censorship.
The company said in a statement:
As predicted: the on ramps and off ramps (exchanges) are going to start censoring not only companies, but also individuals. Coinbase has now banned both Gab’s merchant account and Andrew Torba’s personal account. Decentralized exchanges are the future. The next phase of financial censorship as people move to bitcoin is censoring the on ramps and off ramps (exchanges.) This will force and incentivize people to not use those ramps and instead only use bitcoin for all things. Keep censoring. It will only push people to bitcoin.
If Coinbase was forced by payment processors to close the accounts of Gab and its CEO, Square, the $26.5 billion payments giant operated by Twitter CEO Jack Dorsey, would have also found difficulties in providing Bitcoin support to Gab.
However, on January 7, Gab announced that Square’s Cash App enabled Bitcoin withdrawals for the company, raising concerns about Coinbase’s termination of the firm’s accounts. Free at last pic.twitter.com/6rUBYtVF6Z
— Gab.com (@getongab) January 6, 2019 Dr. Jordan Peterson Comments
A best-selling author and the acclaimed Canadian clinical psychologist Dr. Jordan Peterson, who is in the process of developing a new Patreon-like platform, said that the decision of Coinbase to de-platform Gab is likely to be an unpopular move in the cryptocurrency community.
Peterson suggested that the replication of censorship by major financial institutions contradicts the purpose of cryptocurrencies as a decentralized, open, and transparent financial network.
Previously, Peterson questioned the authority of payment processors and their ability to practice censorship at a large-scale.
“Down we go further into the rabbit hole: why are MC/Visa/PayPal/Patreon acting as censors? They are fighting ‘hate speech.’ But–the Achilles heel of such conceptualization–who defines ‘hate?’ Answer: Those to whom you would least want to grant such power,” he said .
Square’s Cash App has already surpassed all top apps on Apple’s iOS store to become the world’s most popular free application. The company’s willingness to operate as an alternative to censorship-encouraging platforms may give the firm an edge over its competitors in the cryptocurrency space.
Andrew Torba Image from PAHomepage.com/ YouTube Advertisement TAGS: Bitcoin , coinbase , Gab , jordan peterson , square , Twitter AUTHOR Joseph Young Hong Kong-Based Finance and Cryptocurrency Analyst / Writer. Contributing regularly to CCN and Hacked. Offering cryptocurrency news and Insights Into Asian Market (South Korea, Japan, and more). Got a News Tip or Story?
Send it to [email protected] BITCOIN EVENTS CALENDAR

The DigitalBank Crypto Vault Device , allows the user to store an unlimited amount of funds without any risk or possibility of loss.
The DB Crypto Vault Device users ,will enjoy the highest level of security knowing that their funds are stored without any potential security flaws.
The DigitalBank Solution is better than any Cold Storage or Paper Wallet
​The Most Secured Crypto Vault on Earth
Ultra Secured Crypto Storage solutions are at the core of all that we do at DB.
Our main goal is finding new and revolutionary encryption methods , that will help build a more secure tomorrow in the Crypto and Banking Industry .
The Fort Knox of Crypto Banking – World’s Most Secured Hardware Wallet
​The DB Hardware Wallet is a separate “isolated” device , Wifi Only , No Ports ,no backdoors .
No need to download firmware updates , not storing any data , including private keys -not transmitting private keys at any time .
100% anonymous accounts : nothing is stored , on any third party servers . DB is the most secure vault for your digital assets. Buy , Sell , Send , Receive and Store bitcoins, and all major cryptocurrencies including all ERC20 tokens , in the safest way available today .
Private keys can never be exposed because are not stored anywhere .
Lifetime Access Guaranteed
​Starting at $ 1800 USD
For additional information contact us at : [email protected]