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Coinbase's End Game: Keep it BASEd | Roundup

Bell Curve

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Coinbase

The general thinking on Wall Street is that fees, especially in kind of a brokerage model is a race to zero. So even though Coinbase is generating quite a bit of money from under fees today, their transaction revenue's eventually going to go away. That's why there's so much emphasis on this bucket here, the subscription and services revenue.

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