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I'm a crypto cynic, but to know Coinbase's long-term viability you'd have to tell the future about: - Whether major governments will strangle the life out of c
by gary_0 4y ago
I'm a crypto cynic, but to know Coinbase's long-term viability you'd have to tell the future about:
- Whether major governments will strangle the life out of crypto with effective regulation due to public sentiment turning against it
- Whether the volatile crypto market will reverse its current longer-term trends
- Whether crypto will become so unfashionable that the current user base stops paying companies like Coinbase (or run out of money to do so)
- How much of a squeeze the coming recession is going to put on risky companies
In other words, it's impossible to predict.