Audio Of The Week: Coinbase Custody
And now a word from your sponsor:
Coinbase is a USV portfolio company, I am on the board, and I am deeply invested in this business.
Coinbase’s regulated custody subsidiary is an important part of their overall business and I am also on the board of it.
This Unconfirmed Podcast with Sam McIngvale is a really good explanation of what Coinbase is doing in the custody market and how they are developing new income earning options for their customers.
Comments (Archived):
Good one.The complexity of wrapping custody, insurance, staking as passive income with returns, network participation through governance, and essentially loans to cover the staking amounts is mind bending to wrap in a easily understood service.Big believer and on the board of a project in the PoS exchange space and honestly blown away at the vision and executional excellence of what they are doing.Sam did a really good job articulating this.
CONTRIBUTORS:NEWS FLASH! (CONFIRMED) ——Ban on bitcoin? China’s state planner included cryptocurrency mining on a list of 450 industries it considers wasteful and hazardous, setting the stage for bitcoin mining to be officially outlawed. Trading cryptocurrency is already illegal in China, yet roughly 70% of the world’s Bitcoin is mined through the country. A ban in China could have knock on effects for the whole industry, but some pundits think it’s not as bad as the headlines say.—SOURCE: FORTURE DAILY CEOApril 13, 2019https://view.newsletters.fo…CAPTAIN OBVIOUS!#UNEQUIVOCALLYUNAPOLOGETICALLYINDEPENDENT
That may be a good thing for bitcoin. A few big miners is not good for the ecosystem.
Most interesting
Welcome to the future of crypto banking services.
closer to today’s brokerages more than banks.
Coinbase is expanding their services overall…will be closer to a new kind of banking that includes investment options.
Sure that is true.Be great when more options for investing in nodes is available for retail investors as even at the bottom of the market, still took some capital to buy Dash and other nodes.Why I’m bullish on NodeSwap with a retail first, fractional ownership perspective.
http://www.fcoin.com worth your attention.
Will XTZ baking at Coinbase be available to retail investors/individuals? Many of the participants in the Tezos token sale in 2017 were indeed individuals.