Coinbase and the Wall Street Argument - What's the Business Case?

Coinbase's stock was down like a one or two percent today. This like Wall Street just has no idea how to process, they're so stupid. You've got these L2s making $100 million a year on sequencer fees. That's almost half a million dollar, excuse me, half a billion dollars a year of additional revenue in a down market. And I think there's no reason that the base chain or base, whatever they're calling it, base can't do a similar amount just on on chain fees.

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