Our vision for Toshi
This is a talk I gave at Consensus 2017 about Toshi (unfortunately we had not updated the name at the time of the talk, so I refer to it as Token during the talk). The mission and vision are still the same though.
At Coinbase, our mission is to create an open financial system for the world. We believe that open protocols for money will create more innovation, economic freedom, and equality of opportunity in the world, just like the internet did for publishing information.
A few weeks ago the IRS sent Coinbase a subpoena asking us to disclose records on all U.S. customers over a three year period (this covers millions of customer accounts). Since then, we’ve spoken with the IRS, outside legal counsel, and various industry bodies. I wanted to share a few…