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@Investing

All things on investing money

@Phil
phil spade
@Phil · 4:46

Coinbase begins trading on Nasdaq

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I think the traditional brokerage firms are going to want to trade into cryptocurrencies and not lose that money to another company. So I expect them to take this on as well. So I think they're going to face some increased competition over the next few years. So that kind of puts a pressure on their margins. And I really think 100 billion dollar valuation is going to be tough for me to see. But I guess we'll see

What does coinbase need to do to warrant today's $100B valuation?

@Cartier
Ryan Cartier
@Cartier · 3:04

#coinbase impact on #BIGG #valuation, regulated #crypto #exchange

So the other thing that I find interesting is one of the big digital assets strategies is they're trying to be the first regulated exchange in the country. And again, this is in Canada. I don't know if there's any regulated exchanges down there. They've been working on meeting all the criteria and acting as a regulated industry for the last five years. They've also been pushing the authorities up here
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