No, it's not a joke and yes, this is a good thing. Coinbase announced today they are adding support for Bitcoin to their Coinbase Wallet app, a place where you could previously store only Ethereum and Ethereum-based tokens.

Why is this important? And, more importantly, why is this a good thing?

Coinbase Wallet is different from Coinbase.com. To quote the very blog I linked above:

With Coinbase.com, you can buy crypto and Coinbase stores it (along with your private keys) for you; with Coinbase Wallet, you store your own crypto (safeguarded by a private key that only you know).

This is a very bold step forward, in which Coinbase gives away control of the tokens you trade with them. If I would dare to formulate a reason for this move, I would say Coinbase wants to increase volatility, by letting user trade crypto from more than one place. Also, giving away control may portray Coinbase as a more flexible crypto company. But I won't dare to formulate a reason for this move, so feel free to imagine whatever you want.

The bear market has all kinds of unexpected benefits. Not only the price is getting lower and lower, but crypto companies are finally having a client-oriented attitude (as opposed to a profit-oriented attitude, greatly ignoring the client needs).

I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me Hive account@dragosroua.

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