Sjors Provoost
· 1w
So this law is just to pump their stock price?
I believe this is at least part of Coinbase’s motivation, yes.
Coinbase also just don’t seem to care about bitcoin. They even hold ten times more fiat on their balance sheet than they do bitcoin.
IMHO, they seem to have completely lost the plot and are now just out to lobby for laws that benefit their products, almost none of which revolve around Bitcoin.