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Middlemen have to middle, that’s the model of a middleman. As long as they provide some perceived value over the same without middlemen they will be profitable.
by notyourwork 5y ago
Middlemen have to middle, that’s the model of a middleman. As long as they provide some perceived value over the same without middlemen they will be profitable. In this case, coinbase abstracts crypto away from technically illiterate who want to ride the crypto wave without learning the technicals.
- chrisked 5y agoPeople who understand technicals might use AWS which provides tremendous value for many. I believe Coinbase wants to build AWS for crypto.