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RE: Some people are worried about Coinbase going Public, I'm not one of them...

in LeoFinance4 years ago

i just doubted that Coinbase will release its shares to public, then there is a chance that the crypto business will be displaced if it is no longer profitable, maybe it's Coinbase's long-term plan ..

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Cryptocurrency industry will always be profitable as long as there is mining/transaction, deposit/withdraw and trading fees... Even if the fees are small, the cumulative amount might well be enough to push it profitable.

Well they will soon have billions of dollars at their disposal to build out all sorts of branches for their business.