I don't agree that Coinbase is "printing money". They are exchanging bitcoin for USD. They create neither of them. Where does the printing come in?
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I don't agree that Coinbase is "printing money". They are exchanging bitcoin for USD. They create neither of them. Where does the printing come in?
It's an expression used to signify how much money they are making right now because of the explosion of new users.
Have you seen their fees? Strangely they are also connected to gdax which has little to no fees. Amd transfer to and from gdax is free and instant.