Full Time Cracked

If you think of Coinbase like a bank, we now hold about $0.42T in assets for our customers, which would make us 21st largest bank in the US by total assets, and growing. If you think of us more like a brokerage, we'd be the 8th largest brokerage today by AUM. If you think of us like a payments company…TBH i'm not sure where we rank on that list. There are various ways to measure it, but there were about $30T in total stablecoin payments last year (not all of those were goods and services though). The point is, with crypto the line between these categories is blurring. There are many legacy reasons these are separate in the traditional financial system - and not all of them are good reasons. Why does the money you spend lose value instead of growing in value like an investment? Why does your checking account not earn yield like a savings account (or better yet, like short term treasuries)? Many people use Coinbase to invest, but also to spend, get a loan, etc. In the updated financial system, you will have a single primary financial account which serves all these functions. A greater % of global GDP will run on more efficient crypto rails over time. We'll have sound money, lower friction transactions, and greater economic freedom for all.

Describe the trenches right now using only photos

REP. ALEXANDRIA OCASIO-CORTEZ: Elon Musk is probably one of the most unintelligent billionaires I've ever met, or seen, or witnessed. You can probably glean this from watching these people on TV. They don't do their homework. This dude is not smart. The danger in the lack of intelligence that Elon has - this guy is one of the most morally vacant, but also, just, least-knowledgeable about these systems that we really know of. What that means is that they will hit a button and things can go sideways.

Be fearful when others are greedy, be greedy when others are fearful.

If you ran up something crazy like $10k to $500k I can’t stress this enough— pull out like 80% into the real world. Never let those United States Dollars become any crypto coin ever again. You’d be shocked to find out how much more money that is in real life than it is sitting in your phantom wallet. If you did it once you can do it again and again, you don’t need to size up, you’ll likely end up grinding those gains down. Money in your pocket will lead to better decision making and a more comfortable trading environment— if all else fails you already secured yourself and your, at the very least, near future.