The Meb Faber Show - Better Investing cover image

Tim Laehy – All About Coinbase (COIN) With The Company's Former CFO | #414

The Meb Faber Show - Better Investing

CHAPTER

Combas

Coin base acts as a principle in its consumer offerings and an agent in its institutional offerings. The difference principal trading is when a broker completes a consumers or a customer, of trade using their own inventory. So provides instant clearing and settlement, along with eliminating transaction and mining fees since there's no block chain of activity that took place.

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