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Bullboard - Stock Discussion Forum Coinbase Global Inc COIN

Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides platform, which enables its users to engage in a variety of activities, including discovering, trading, staking, storing, spending, earning and using their crypto assets. The Company offers a suite of products and services that are designed to meet the distinct needs of its three customer... see more

NDAQ:COIN - Post Discussion

Coinbase Global Inc > Why cryptocurrency is here?
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Post by Paray99 on Jun 21, 2021 3:50pm

Why cryptocurrency is here?

Only for scams involving big money. 

Billionares screw up their poor investors in their home countries and abscond to countries like Britain who like effortless free wealth! Example Vijay Malliya and many from India itself! Bitcoin is very useful for such rascals to hide and transport illegal money! 

it is very simple, all crypto currencies not backed by governments are only good for those ones who want to escape the legitimate monetary systems.... and don't want to pay any tax!

Comment by foofadooo on Jun 28, 2021 1:29pm
The only thing that makes the dollar worth anything is FAITH....faith that someone else will take it from you or give it to someone else for goods and services. The dollar used to say "will pay to the beare on demand".....meaning in gold- all by gone days. I have more faith in Bitcoin because there are only 21 million worldwide.....and our governments can't print more on a whim ...more  
Comment by ratsnake220 on Jul 14, 2021 2:27pm
bitcoin posts are a re print of the gold posts of 20 years ago....oh yeah the dollar is worth nothing...blah blah.....for the idtiots who bought at twice the price.....you do realize this has no correlation to the market....its clearly a trading vehicle for Musk and his merry band of shorters of bit coin.....pump it up and dump...that is what Elon does....it works...Coinbase just rips off its fees ...more  
Comment by foofadooo on Jul 26, 2021 10:10am
The dollar is backed by nothing but faith....holders of dollars take them only because they have faith  someone else will have faith and take that same dollar from them. Governments ( the fed) then play with the value of faith by adjusting taxes, interest rates and worst of printing more currency!! Printing of currency could no longer be regulated by any government on earth. Their greatest ...more  
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