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Comment on Brian Armstrong sold $291.8M in Coinbase shares on opening dayparent

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I agree.

Coinbase is the trusted inlet to trading crypto for individual investors. One of the blockchains, Bitcoin, has a 1 trillion dollar market cap, and the next largest has 259 bn. And coinbase captures a fee of some large percentage of transactions on those.

He should be worth much more.

I would really like to know how much of the bitcoin trading is bubble and/or unbacked money printing by a certain coin, and what parts is actual value. There is way too much shady stuff going on to get my involvement.

bitcoin [...] actual value

lol

The only part of crypto that isn't bubble, is the slice used for drug trading. It's been eleven years and there are still no usecases for any of them.

Crime in general, including money laundering, or having a currency which is more stable than your own (hello Venezuela). I don't see a valid use-case in the West.

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