Skip to content(if available)orjump to list(if available)

Coinbase joins the S&P 500, another summit scaled on towards economic freedom

Hizonner

You know, if you believe all the cryptocurrency stuff, then Coinbase is actively destructive to the goal. It's basically a traditional financial institution wedged into the cryptocurrency system. Not your keys, not your coins, remember? Not to mention the centralized, censorable USDC.

I'm a double heretic, because I manage to believe that (a) cryptocurrency, and maybe even a limited number of smart contracts, could, if done right, actually be useful and important, yet (b) almost everything that anybody actually puts energy into in the space is idiotic, a scam, or both. Usually both.

andrewmutz

Makes sense. MGM resorts is another casino in the S&P 500.

JohnTHaller

The crypto grift has become mainstream