They’re launching an exchange that will offer additional services that won’t be available to Americans.
This will allow them to take share and compete with Binance.
This seems bullish for Coinbase as Binance is sitting on a huge pie. Seems like a loss for the US.
Loss of what?
Loss of economy. Imagine NYSE doesn’t operate in US.
Except the NYSE hosts companies making planes, cars, hotels, buildings, farms, factories and so on.
Coinbase hosts digital beanie babies.
Just moved my last few bucks out, let’s hope it makes it. I was so bullish on crypto, anything with that much money and brilliance thrown at it must produce some fruit right? I guess not.
There's a relative handful of people for whom it has indeed produced fruit, several dozen to several hundred lifetimes worth. Centralize the profits, decentralize the losses. Nothing new here.