WALK THE TALK
Not all companies are created equal. When you look at companies invested in crypto compared to companies involved in crypto, you can get different reference in what to follow. It seems #Coinbase has something else in mind as a company deeply in crypto. Not sure if I understand their move completely seeing the way they are acting lately.
Sad part I read they are being consulted on a graph for regulation in the US for crypto. While #MTSR holds more than 100k in BTC, #Coinbase as company trading crypto is not even close. Action speaks louder than words. I guess they are in crypto for fiat or pure shareholders motivation. This way of mannerism will not go too far with folks that concentrate in crypto.
This is the case with Cathy Wood. She is a deep toe investor thinking crypto all the time. Looking at Coinbase behavior, she sold 98k shares knowing she can get more for it elsewhere. Further to say, Coinbase stock may rise due to value ratio to crypto. It is unprecedent knowing Coinbase hold more than $4 billion cash reserves and not following the footstep of Microstrategy.
That would be an easy action to promote crypto. This is the easiest place to purchase crypto via Coinbase. Nevertheless it is good to look elsewhere. I did find ways to stake tokens for great returns. Lately I started to use Kraken just for staking purposes.
I knew Coinbase is not all that. Everyday they are proving their true color. They are in crypto just to take care of shareholders not to truly promote it.
At least being in Hive is an eye opener. There are more than one way to interact with crypto. It is good to bring focus to other exchanges where you can do business in case regulations chase you. Coinbase dropped the ball but it is not all finished and done.
Here in the community, there are indication of place where you can interact with crypto a lot better than Coinbase.
At the end of the day, it is not about one or two companies. It is about how you move around in the crypto world. From what I see crypto should be spent as crypto. No need to convert it to fiat. Unfortunately we are not there yet.
This is why learning the ins and outs of many exchanges can prove to be worthy to navigate cryptoland everyday.
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