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"In the event of a bankruptcy.....customers could be treated as our general unsecured creditors." Not only does

have horrible customer service, they're now saying your money isn't really yours while it is held by them. Coinbase is ticking timebomb.

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Yes you are right -- I did more reading and saw that as well. Thanks for correcting me. I still stand by my statement that their customer service is horrible, though. :)

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It will be interesting to watch where their stock goes along with HOOD. Things are getting shaken up a bit because of the bitcoin price plummet. Did you see the bond prices for COIN?

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The flip side is that $COIN has a really low P/E ratio and they have earnings. The fundamentals don't look that bad. I mean it is the stock market and a lot of it is perception -- just look at NFLX lately. That is STILL dropping. Wild times.

1:32 AM · May 12, 2022Twitter Web App