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#307 – Brian Armstrong: Coinbase, Cryptocurrency, and Government Regulation
Lex Fridman Podcast
Does Coinbase Make Money on Transactions?
Coinbase wants to encourage users to move to self custody over time for those who are ready and willing. To me, that's like the future of how we get billions of people using crypto. But doesn't that mean they can go somewhere else? Easier? Yeah, that's sort of the point is like, we're all using the same protocol. So there's low switching costs, which keeps all the companies accountable.
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