[Rune: Base Has Lost Community Trust, Cobie Responds Saying He Will Push Coinbase Closer to On-Chain Users] BlockBeats News, July 18 — In response to the recent community controversy surrounding Base, crypto KOL Rune posted on the X platform questioning that Cobie's goal in taking over the Base App was to promote on-chain transactions. However, the current management of Base has continuously eroded user trust, making users feel that 'believing in anything related to Base for more than 24 hours is a mistake.' Rune argued that under such a culture, it is difficult to attract new users. In response, Cobie stated that he had taken over work related to the Base App and Coinbase trading products a few days ago but is not responsible for the Base chain. He acknowledged that Coinbase has long been distant from its users, especially native crypto users. He also admitted that Base and Coinbase have exhausted a significant amount of user trust due to some avoidable mistakes. Cobie expressed his hope to listen more to on-chain users in the future and to build products that users genuinely want to use. Subsequently, Rune responded again, stating that Coinbase's biggest problem is not just its detachment from users but its long-standing neglect and even harm to its own users. He claimed that currently, over 10,000 Base users have suffered approximately 99% asset losses due to their trust in Base/Coinbase's management. The attitude of Base's management toward related incidents has further fueled community dissatisfaction. Rune believes that Base has the infrastructure to become the best Layer 2 in the crypto industry, but what it truly lacks is leadership willing to take responsibility for its users. He expressed hope that Cobie could change this situation but emphasized that the issue with Base is no longer just about damaged trust—it is that community trust has almost entirely eroded. [Original Link]