https://www.coinbase.com/blog/a-message-from-ceo-and-co-founder-brian-armstrong-to-coinbase-employees 14 weeks + 2 * years
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Coinbase will go bankrupt. Red pilled?? Get killed.
Amen ππ»
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Iβm sad they need to go thru this and hope affected employees get a job soon but 14 weeks of pay is pretty good.
My prayers to those who are affected. Anyway people here where piling on this stock because of low pe forgetting that their earnings will vanish once crypto cools down.
Because exchanges take fees from each transaction, the most profitable times are those with high volatility.
Coinbase was trading like a tech company not an exchange.
So 80% more to go given the whole space is bullshit
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Crypto is pure BS. Coinbase model is to make prof from a Ponzi scheme: let us take commission from you converting fiat money to crypto because you hope that you will make more money by doing so I am very sad for these employees though.
https://www.cnbc.com/2021/04/14/coinbase-to-debut-on-nasdaq-in-direct-listing.html Do we know how much Brian Armstrong got off the exit in 2021? The company seems to be headed for bankruptcy after the massive IPO
Nah...billions in cash reserve makes that unlikely. Doubt good growth is ahead though
The cash reserves are necessary to back deposits. It's not to power any growth or ops
No way! Ponzi schemes never collapse!
Looks like we found the true ape! ππ΅πͺππ
You work for carta bro π Worst service ever.
Crypto is getting tricky now
Understatement of the year
RIP π
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