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Cryptocurrency Ecosystem => Crypto Exchanges => Coinbase => Topic started by: Coin63@ on April 19, 2021, 03:02:59 AM

Title: Coinbase Going Public Isn't Selling Out. It's the Start of a Long Game
Post by: Coin63@ on April 19, 2021, 03:02:59 AM

After a dramatic week in which the crypto industry’s eyes were on Coinbase’s Nasdaq debut, it’s time to step back and reflect. Plenty of pixels and airtime has already been beamed. Plenty of analysis has been performed about the valuation and growth outlook. But not enough has been said about what I think is the long game.

Some have wondered if Brian Armstrong, Coinbase’s CEO and co-founder, is “selling out” by going public. A business that was built around an asset group created to eliminate the need for centralized gatekeepers ends up joining the centralized system. How could he?source (https://cryptonews.net/552432/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)