If I'm understanding this info correctlyโ€ฆ #Coinbase is an absolutely dogshit company that fumbled a once in a species opportunity. ๐Ÿ’โ€โ™‚๏ธ Founded in June 2012, they watched THIS happen: image โ€ฆw/o accumulating any #Bitcoin until Q4 2020. They currently own ~โ‚ฟ9K-9.5K #BTC. ๐Ÿคฆโ€โ™‚๏ธ They watched it go from ~$6 to ~$20K & never once in that whole time considered accumulating any for themselves. ๐Ÿซ  For EIGHT years, they operated in the space & never supported the underlying asset; they sold shovels & pickaxes because they are grifters. โ›๏ธ They didn't believe in Bitcoin, shilled shitcoins, didn't actively help secure the network & didn't push #sovereignty for their users. Sure, they wrote articles about #ProofOfReserves, but they didn't provide any themselves until their hand was forced. ๐Ÿƒ It appears that they came to the space solely to leech off of it, but were so myopic about being parasitic that they missed the whole play & are now forced to play catch-up. ๐Ÿƒโ€โ™‚๏ธโ€โžก๏ธ ; ~13 years operating as a company & they have yet to break 5-digit holdings of the orange coin. ๐Ÿ™ƒ So remind me againโ€ฆ WHY TF IS ANYONE LISTENING TO BRIAN ARMSTRONG?! ๐Ÿค” Get your shit off exchanges today. ๐Ÿค™

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Check the Easter egg in the top right; the ~1.7M% return they would've had if they understood the assignment & bought @ $6. ๐Ÿซ  By focusing on grifting, they actually fucked themselves. ๐Ÿ˜๐Ÿ˜‚ Somebody needs to hang this chart in the Louvre. ๐Ÿค™
Hi exist270 ๐ŸคŸ๐Ÿดโ€โ˜ ๏ธ๐Ÿ˜‰ Coinbase had a front-row seat to the greatest monetary revolution of our timeโ€ฆ and still managed to fumble the bag. You canโ€™t claim to be a leader in the space when you ignored the signal for eight years and shilled noise instead. Stack sats, hold your own keys, and stop listening to corporate middlemen who missed the whole point. ๐Ÿš€โšก
If they bought $1M @ $5, they'd be sitting on a cool $17B stack of #Bitcoin / #BTC right now. ๐Ÿค™
Oh darn, I feel awful for Armstrong and Coโ€ฆ lol what a moron Are they actually actively accumulating now?
You dont think Brian bought bitcoin privately or other employees did back then. We dont need companies holding bitcoin, we need individuals to hold bitcoin.
I'm sure many did, but I'm talking about the company-level ethos specifically; it's a shitcoin company. ๐Ÿค™
Fair comparison, but it seems like their aim is to be more of a digital bank than a high growth tech company. Which is why it seems like the market has no clue where to price them publicly. I just think theyโ€™ve handled the regulation challenges in Washington pretty well so I donโ€™t see them going anywhere anytime soon.
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