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They're not sneakily grabbing; investors know what they're getting into. Furthermore, Coinbase makes real money on every trade. In a gold prospecting rush, it'
by ISL 14y ago
They're not sneakily grabbing; investors know what they're getting into. Furthermore, Coinbase makes real money on every trade.
In a gold prospecting rush, it's good to be in the shovel and provisions business. Even better if people will pay you to take the shovel back if they decide to stop prospecting.
- bradhe 14y agoSorry, my comment was misleading. This is exactly my point--it just seems like the author has a nieve view of investing if they think Coinbase "nabbed" their round.