Coinbase has recognized its competition and wants to continue to stay on top. They have plenty of VC backing because they know they are on the tail end of a ton of innovation and investment to come. Coinbase could get as big as Google, yes if they play there cards right. Hopefully they start to add more tokens as crypto grows to a $2 trillion market cap valuation.
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Yes, good point. I think they correctly realize that their days as the number one cryptocurrency exchange are likely numbered. Which means they need to diversify their income streams if they want to remain at the top of the food chain.
exactly
I would agree with that statement. It's tough to say what direction the industry as a whole will move in. Applications like Earn.com are excellent, but this is an industry known for large, rapid shifts. This could make it difficult to diversify.
hopefully coinbase can take over the other exchanges but not when binance has not stopped adding other streams of income like their coin. It is possible though but the competition is tight.