Glad to see Coinbase making it easier for investors to buy more coins! However, there is likely still quite a long time before all of this comes into fruition.
I think COSS and Coinbase will become very similar soon with COSS adding fiat and Coinbase adding ERC20 coins.
It's exciting that most of our crypto journey is just beginning as new "stuff" is constantly happening in the crypto-sphere!
Yeah, with the Silicon Valley show it's crazy to think if the season is about crypto that the way they portray it will probably be pretty important. I don't think the audience of that show is going to be particularly ignorant on the topic, but media has a pretty strong influence on people's perception. Even when it's fictional.
I agree completely. Too often however, people use the whole sheep analogy, the flock goes where it goes. I think there's something to be said about mere exposure. I have pennies invested compared to most. But when I talk to most of my friends or the occasional acquaintance, there is a pretty staunch negative stigma about crypto. I'm in the US by the way. But the moment I explain to them that all money is essentially fake...requires trust from a group of individuals in order to become currency, their tone changes. I think if a few public faces, Hollywood types, athletes, not named Steven Segal, started saying something here and there, it would be positive.
FYI: ERC20 tokens will float on GDAX first. If it passes their new asset framework and liquidity test, then it will go on Coinbase. Pretty sure they are going with ERC20 to standardize things. Plus, there's a recovery function within ERC20. They are probably sick of their support staff getting clogged up with people complaining that they sent tokens to wrong addresses. Think they need to worry about Binance not COSS. A lot of people don't know that Binance is heavily backed Sequoia Capital ($300+ million).
Can you elaborate more about Binance?
What do you want to know? They are backed by the worlds greatest VC. They have the most talented technical team in the space. They make a ton of money. They provide great support. Once they delist a bunch of tokens which they are doing, they may come to America and crush coinbase. If they want to raise more VC funding all they need to do is snap their fingers. I’m sure they have a list who are begging to get in on their next institutional round.