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Coinbase is losing money the old fashioned way, just spending hundreds of millions more than they're taking in.
by roland35 4y ago
Coinbase is losing money the old fashioned way, just spending hundreds of millions more than they're taking in.
- Gigachad 4y agoThe tide is going out on the crypto space and few will be left standing. Sure, it's theoretically possible to create a sustainable exchange, but since the entire space is built on greed, no one can resist the too good to be true gambling. The value of all cryptos crashing for a long time could actually be good (tm). Shake the scammers and idiots and leave whats left for technology people to play with and develop without the rubbish that currently surrounds the space. The absolute best thing for bitcoin would be if no one ever expected it to be a good investment and saw it just as a way to transact money.