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Unless my math is off, that would put his net worth in the $10-20B bracket. That is positively insane.
by smnscu 5y ago
Unless my math is off, that would put his net worth in the $10-20B bracket. That is positively insane.
- ignoramous 5y agoAnd he and Coinbase are barely scratching the surface if crypto / web3 is truly in its nascent stages as claimed.
- AJRF 5y agoI agree. Coinbase is the trusted inlet to trading crypto for individual investors. One of the blockchains, Bitcoin, has a 1 trillion dollar market cap, and the next largest has 259 bn. And coinbase captures a fee of some large percentage of transactions on those. He should be worth much more.
- consp 5y agoI would really like to know how much of the bitcoin trading is bubble and/or unbacked money printing by a certain coin, and what parts is actual value. There is way too much shady stuff going on to get my involvement.
- theelous3 5y ago> bitcoin [...] actual value lol The only part of crypto that isn't bubble, is the slice used for drug trading. It's been eleven years and there are still no usecases for any of them.
- Fnoord 5y agoCrime in general, including money laundering, or having a currency which is more stable than your own (hello Venezuela). I don't see a valid use-case in the West.