@jdorman81 This is the difference evteeen having skin in the game and not. $Coin had skin in the game and now has a stake worth $700 million. SITG or STFU @NTmoney
@jdorman81 Check out blackberry and apple 2007-2008. Market wasnโt pricing the future correctly. I actually think coin and hood win in different markets.
@wagmiAlexander Tokenization of everything will drive all non-utility/economic use to 0. It will drive all speculation back to utility. Friendly US admin will allow proliferation of utility tokens. The cleansing. You can feel the KOLs/nft/meme grifters squirming as the space is sanitized
@ZachLight16 Market will wake up when $Hood has a bad Q due to reduced trading while $Coin is stable due to the other business lines, stables, staking, custody, etc which have been built over last 5 years.
@ZachLight16 He really thinks all of these banks are going to want the lability of providing custody. He thinks these legacy institutions are going to out together their own infrastructure. He seems to be focused on trading only. Trading was what got coin started but infra will the future
@SantiagoAuFund Have seen this take even parroted by Bessent. 65% of the population owns stocks another percentage owns directly through pensions. Also a good portion work for public companies. Mid to lower class pays attention to the market. This seems to be a Wall Street take