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Coinbase is critical to the widespread adoption of crypto because it acts as a bridge between everything-is-regulated and anything-goes. Cryptocurrencies are on
by ipnon 6y ago
Coinbase is critical to the widespread adoption of crypto because it acts as a bridge between everything-is-regulated and anything-goes. Cryptocurrencies are only bound by the rules of the programs that run them, but they exist in the "real world" where powerful states have guns and nukes and can pass laws that would make using cryptocurrencies too risky for the general public, even if it would still be technically feasible. Coinbase is clearly the leader in this bridge-space and I suspect this IPO will go nicely.