Coinbase swings to profit on interest income strength

#1

Post by whitepaint » Thu, Feb 15, 2024, 9:27 PM UTC

Coinbase swings to profit on interest income strength
nasdaq.com

Re: Coinbase swings to profit on interest income strength

#2

Post by sowut » Thu, Feb 15, 2024, 10:12 PM UTC

your financial future will be on the blockchain. trustless, programmable money

Re: Coinbase swings to profit on interest income strength

#3

Post by cowboyscott » Thu, Feb 15, 2024, 10:25 PM UTC

The best business in crypto is sitting on US treasuries, second only to trading fees.

Re: Coinbase swings to profit on interest income strength

#4

Post by shakow » Thu, Feb 15, 2024, 10:28 PM UTC

cowboyscott wrote: post #3

The best business in crypto is sitting on US treasuries, second only to trading fees.

Frankly, that's not that far away from finance in general.

Re: Coinbase swings to profit on interest income strength

#5

Post by notfed » Thu, Feb 15, 2024, 10:29 PM UTC

sowut wrote: post #2

your financial future will be on the blockchain. trustless, programmable money

You were one syllable away from a haiku.

Re: Coinbase swings to profit on interest income strength

#6

Post by screenothethird » Thu, Feb 15, 2024, 10:31 PM UTC

cowboyscott wrote: post #3

The best business in crypto is sitting on US treasuries, second only to trading fees.

[dead]

Re: Coinbase swings to profit on interest income strength

#7

Post by MarcelOlsz » Thu, Feb 15, 2024, 10:33 PM UTC

sowut wrote: post #2

your financial future will be on the blockchain. trustless, programmable money

Literally nobody wants this. You guys had 15 years.

Re: Coinbase swings to profit on interest income strength

#8

Post by dpkirchner » Thu, Feb 15, 2024, 10:36 PM UTC

MarcelOlsz wrote: post #7

sowut wrote: post #2

your financial future will be on the blockchain. trustless, programmable money

Literally nobody wants this. You guys had 15 years.

Maybe this is one of those techs that will always be in the future.

Re: Coinbase swings to profit on interest income strength

#9

Post by echelon » Thu, Feb 15, 2024, 10:38 PM UTC

MarcelOlsz wrote: post #7

sowut wrote: post #2

your financial future will be on the blockchain. trustless, programmable money

Literally nobody wants this. You guys had 15 years.

Meanwhile AI is moving mountains and taking everyone's breath away.

Crypto is a waste of GPUs.

Re: Coinbase swings to profit on interest income strength

#10

Post by Apocryphon » Thu, Feb 15, 2024, 10:40 PM UTC

The Fed takes... and the Fed gives as well!