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Frankly, I was expecting Coinbase to capitalize on the roaring 20s by slowly pivoting from crypto to something that had legs in the real world and start buildin
by bookaway 4y ago
Frankly, I was expecting Coinbase to capitalize on the roaring 20s by slowly pivoting from crypto to something that had legs in the real world and start building software useful for small businesses, you know, start slowly entering into something like Stripe's domain, since they had a front-row seat to the mess and should have been able to see that the good times couldn't last.
I was stupefied as I watched the opposite happen. If memory serves me correctly, it was Stripe that started getting into crypto instead of the other way around as the bubble was bursting--to my amazement. And this despite having patio11 in their ranks. Yeah yeah big company etc etc, but still, it really dented my confidence in the Stripe brand and the people working under its umbrella.
- jqpabc123 4y agoLots of companies start with a singular idea ... and never grow beyond it. At one time, I looked at using Coinbase/crypto for money transfer purposes. I had several clients who tried to open an account but their applications were rejected. They were more strict than most banks.