Coinbase
4 min readJun 5, 2021
- Goal of company- Take cryptocurrency out of Silicon Valley and onto Wall Street
- Bitcoin’s characteristics make it a direct competitor to the central banks because of its absolute scarcity, resistance to theft and confiscation and the system that it is built upon prevents it from being shut down
- Similar to gold and silver, it is not regulated
- the point of bitcoin is that there are no price controls or surpluses or shortages and it can become a world currency
- Own bitcoin without controlling a private key