@coinbase is a massive short, even after their 75% YTD drop. They have been collecting rents that did not belong to them, and that will be coming to a stop shortly. I will make all clear next week. https://twitter.com/donnelly_b...
Interesting look at how Coinbase’s unsustainable rent-seeking and centralization of crypto trading creates a tough setup now that competition is plentiful and the retail trading bubble has popped.
Margin compression in already unprofitable business = no bueno. https://twitter.com/cryptocrit...
@coinbase是一个巨大的空头,即使在年初至今下跌75%之后。他们一直在收取不属于自己的租金,这种情况很快就会停止。下周我会把一切都弄清楚的。https://twitter.com/donnelly_b...
有趣的是,现在竞争激烈,零售交易泡沫已经破裂,Coinbase不可持续的寻租和加密交易集中化如何创造了一个艰难的格局。
已经无利可图的业务中的利润压缩=无bueno。https://twitter.com/cryptocrit...