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The "money printing machine" relies 100% on inducing new suckers to participate. If you sit still (i.e., don't spend $$ on customer acquisition) the whole syste
by adbachman 4y ago
The "money printing machine" relies 100% on inducing new suckers to participate. If you sit still (i.e., don't spend $$ on customer acquisition) the whole system dies.
- oldstrangers 4y agoYeah, you can have a marketing budget. No one said you couldn't. But the kind of growth Coinbase was going for was far beyond the scope of just "customer acquisition".