Coinbase files to go public, reveals $1.2 billion revenue
US cryptocurrency exchange Coinbase has publicly filed for listing its stock on the NASDAQ exchange. Brian Armstrong, the exchange’s founder, presented cryptocurrency as an equalizing force in financial markets – and Coinbase as the company at the forefront of that change. The cryptocurrency exchange revealed that it raked in a revenue of $1.2 billion in 2020 and posted a profit of $322 million.
Probably one of the few company's with such lofty valuations to actually report a profit. Can be a nice one this
I lost my 1.2 Bitcoins and a bit of Eth in the QuadrigaCX scam. I kick myself everyday for taking the coin off my ledger for a week because I was getting ready to sell. Lawsuit still ongoing, they've only recovered about 20% of the stolen crypto and the lawyers are eating that up. A $70,000CAD screw up. I'll be lucky to get $5000 back.
Cryptocurrency is now becoming mainstream with institutional adoption. It’s not if Coinbase becomes public, but when. It’ll be curious to see if Wall Street investors who use to turn their noses to crypto will invest in the Coinbase IPO
Crypto worries me to be honest. I'm worried that we will all be controlled this way bcs it's all now digital. Let sjust hope for as long as I'm a live that they stick with the actual dollar.
Crooks
Why is "Mr." and "Mrs." prejorative to trans? It just doesn't make sense. It hasn't been properly thought through, but somehow everyone is being expected to observe and honor transient new societal rules made by wacky liberal think tanks. Man and woman is not only a social but a biological construct. That's why hormones and surgery are required to correct severe dysphoria. So why are we now denying gender? I don't understand. If a trans woman is a "woman", let's just call her Mrs. Why do we have to get rid of gendered surnames for everyone? Mr. Potato head was a damn male potatoe, and while I struggle showing deference to a potatoe by addressing it properly as a Mr., it still stands that HE was a dude. I'm not the joke for talking about this. The toy ppl are the joke for bandwagoning wokeism just to sell a few more potato toys.
Is this part of the great reset where we "will own nothing and be proud of it"?
Big whoop with revenue... What about Profit? That’s always the big question.
Okay now here's the thing. Cryptocurrencies are supposed to be for the reach of the common people which paper currencies have very badly done so. Don't recreate a twin.
Coinbase trading practices are truely gross, bunch of absolute crooks!
It is, as a matter of fact, that cryptocurrencies have arrived. Just a matter of time it breaks national restrictions to be adopted from Sweden to Somalia, from Aruba to Australia.