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RE: Good, Bad, and Ugly of Coinbase Business Model

in LeoFinance4 months ago

Coinbase is a disappointment.
They have made a tremendous amount of money, and accumulated a lot of clout. They could use the infrastructure and marketing apparatus for good at this point, because you only need one mansion, and it’s practically impossible to spend a billion dollars in one lifetime on your daily needs, even if your extravagant. But some become obsessed with amassing wealth by any means possible, and they attract workers who are the same. They will die a slow death evoking irrelevant if they keep buying and destroying innovative platforms, while creating none of their own. They can coast on their laurels, but they will be consigned to the trash in of forgotten historical figures unless they change their ways.

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Greed is a strange thing. More you feed, bigger it gets.

Yep, reminds me of the American Indian proverb, ...we all have two wolves inside, and the one that you feed is the one you will become.

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