My Thoughts On Coinbase's IPO Endeavors ...
The fact that @coinbase is doing an "IPO" shows the lack of true loyalty to the #Crypto space..what a damn shame this is what we've come to... smh
— Crypto Blood [No XRP] (@cryptoblood_) October 28, 2018
Coinbase want it both ways - to be seen as "growing and supporting the crypto space" while at the same time wanting to be a huge centralized power in the ecosystem operating as a traditional business on a traditional market.
As soon as they IPO they are driven by Wall Street. I've always felt they weren't as holy as they made out to be. I have no problem with them making money, but they always want to present themselves as some holier than thou beacon in the cryptospace.
Not necessarily....... it could actualy do the opposite and bring IPO investors and more mainstream people aware of Crypto and Coinbase etc.
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IPOs are the antithesis of Crypto...