He clearly lacks the power of the Steemit.
The above has to be seen as good news. Personally, and aside from the shocking buy/sell fees, Coinbase has served me well, but there's nothing like a bit of competition to help get your arse into gear.
I have a few friends who are still uncertain about trading crypto, and ask many question about the trading platforms as if they are completely different to the stock interfaces - which they aren't really.
This should provide more encouragement and less fear to those looking into either crypto trading or stocks.
And hopefully, the minimal fees may force Coinbase to think about their prices - recent results show they have considerable room to move on this!
Cheers!
Edit: the biggest news relating to this topic will be when my tax free ISA platform adopts cryptocurrency. This news will send the market into orbit and beyond I suspect!