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Coinbase customers aren't just the consumers, but the investors that expected a market entry for return. They are adding more of those customers as well. Crypt
by drawkbox 6y ago
Coinbase customers aren't just the consumers, but the investors that expected a market entry for return. They are adding more of those customers as well.
Cryptocurrency is more an alternative to banking, Coinbase is like a bank but more like a wallet collection and connector from currency to other digital currency. Some see it as securities/speculation as well including the IRS.
Part of the reason they are going into the market is big money returns but another is normalizing digital currency as part of the overall market, it also helps with marketing to new users that would never trust it previously, new channels. No doubt it will affect some of what happens as regulations come down, they are inevitable as money/market caps grow in anything.