What would cause Coinbase to go under? They don't do what FTX did, they are regulatory maximalists, and their fees are so high they don't need to do anything illegal to make money.
Discussion
If you’re ok with co-mingling the scarcest & most valuable asset on the planet with shitcoins then go for it. Their leadership is SUSPECT, their shitcoining is epic and if you study any recent history you would know it’s destined to fail. Massively. And quickly. When it does, I don’t know.
Coinbase kicked the hornetSEC nest with their demand for crypto regulation clarity while Gensler just smiles like he has some shorts open.
Coinbase = no lightning support. Shitcoin casino. It will crash well before it gets regulated to death. Unregistered securities & they know it. They are lying & playing games with naive customers money. Sad if it weren’t so criminal.
