Re:Coinbase to go public on 4/14
by modeless on Friday April 02, 2021 @12:43PM
(#26673091)
You could see an investment in Coinbase as more diversified. It's an investment in the entire cryptocurrency space.
If you buy a specific cryptocurrency and that particular one is hacked or whatever, you lose. But Coinbase won't be sunk by any one cryptocurrency failing. It will be approximately as successful as the most successful cryptocurrency regardless of which one it is, because they all eventually need some kind of connection to the banking system and the US dollar.
If you buy a specific cryptocurrency and that particular one is hacked or whatever, you lose. But Coinbase won't be sunk by any one cryptocurrency failing. It will be approximately as successful as the most successful cryptocurrency regardless of which one it is, because they all eventually need some kind of connection to the banking system and the US dollar.