Coinbase is 100% focused on Fiat. I bet they are already partly gov controlled.
reply
I think for them not to have a huge bitcoin and other crypto stack they have to be
reply
6 sats \ 0 replies \ @Jer 2 Nov
They are an embarrassment on so many levels, including but not limited to their terrible traditional financial metrics. I've read a couple places that their stock-based comp is like 80% of total revenue, pre-ETF.
reply
Correct
reply
They knew about Bitcoin when it was 5 dollars a coin......And they're losing the game. Watch out for these guys.
reply
They should be booming like sailor
reply
They should be the richest company on the planet earth. Seems like they just don't believe in bitcoins price narrative. Imagine your bitcoin custodian, not hodling Bitcoin, trading shitcoins......and didn't they come out with c-btc? The c stands for Coinbase....these guys are wackos.
reply
They should be Elon status. They have played themselves
reply
Coinbase is the block subsidy isn't it? TF is this casino shithouse?
reply
Must be a reason all the etf are using them? Captured?
reply
A Honeypot at the least.
As a practical question can we cast him or bezos in the next Superman movie I won't watch?
reply
0 sats \ 1 reply \ @Cotton 2 Nov
Definitely a bold move for Coinbase to not stack sats! Missing out on buying Bitcoin when it’s low could look pretty foolish later.
reply
Definitely especially being a leading exchange
reply