3 ms·
This IPO significantly weakened the "gov will ban it" argument, it's like too big to fail now that it's in the hands of millions of retail and institutional inv
by rawtxapp 6y ago
This IPO significantly weakened the "gov will ban it" argument, it's like too big to fail now that it's in the hands of millions of retail and institutional investors alike.
- throwastrike 6y agoThe exchange game as it was with stocks and bonds is all about consolidation (and resulting revenue base). People are betting that coinbase will consolidate the market. I don’t buy it but that’s the “story”.