Jesse Pollak, head of Base at Coinbase, sparked controversy with his recent posts suggesting a need for a 'better OnlyFans on Base.' His comments, particularly one stating 'Base is for pimping,' were received with criticism, especially given Coinbase’s policies that prohibit services related to adult content. Pollak's remarks were seen as contradictory to Coinbase’s long-standing practice of banning sex workers from its platform. In response to the backlash, he suggested that crypto should support sex workers but later apologized for the provocative phrasing. Analysts point to a broader issue facing the crypto industry, where the attempt to achieve mass adoption has led to a more traditional banking-like atmosphere, which could hinder the capabilities that crypto originally promised for marginalized workers. Comments from industry figures emphasize the need to engage with adult content respectfully while recognizing its complexities within the rapidly evolving crypto landscape.

Source 🔗