My best guess is that within a year Coinbase will either build or buy a traditional brokerage so that, like Robinhood, they can offer investors an all-in-one platform where stocks, ETFs and coins sit side by side. What do you think they will do? youtu.be/-zD5WFeklaY?...
All roads really do lead to broker-dealer firms 🙃
And then when the price goes up and people will want to sell...they'll close down selling for a few days to where everyone will lose their profit as the price settles back down. Hey, just like Robinhood! WOOO! But I jest...
Assuming they don't follow the industry standard procedure of rug pull & flee first.
Bankrupt their clientele, in the end.
It would make sense assuming conditions stay as they are currently. But they never do.
Still trying to get my head around the fact there's a market for these magical coins
I hadn't considered that - but I have to admit it makes a lot of sense. Hopefully they do a 3% transfer bonus
an american Wealthsimple
Well no one with a lick of sense will use them. Ponze scam
Cry because they’ve lost it all
My guess was that they would be acquired once regulatory clarity was established.
I'm a long time appreciative reader of your blog, but I'm surprised with your recent takes. I don't see any scenario where promoting crypto for regular investors turns out well.
I don’t promote anything. It’s up 10,000 percent in ten years what on earth are you talking about?
$COIN is a S&P 500 company!
And an offshore sports book.