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Compared With Coinbase IPO Stock, Messari Founder Was More Optimistic About BTC

Mary Liu

Summary: Ryan Bitcorn Selkis, the founder of Messari talked about Coinbase's IPO shares and BTC on Twitter today. He praised this company but predicted the performance of its stock may not surpass BTC. He said: "if you're buying Coinbase IPO shares vs. BTC spot, you're essentially betting on a future that looks like this: There is no ...

Ryan Bitcorn Selkis, the founder of Messari talked about Coinbase's IPO shares and BTC on Twitter today. He praised this company but predicted the performance of its stock may not surpass BTC. He said: "if you're buying Coinbase IPO shares vs. BTC spot, you're essentially betting on a future that looks like this: There is no scenario where BTC dominance stays at 70% and Coinbase equity outperforms BTC." Ryan Bitcorn Selkis saw this as mathematical analysis, he also thought a premier institutional cryptocurrency "ETF" is actually an 80-10-10 ratio of BTC, ETH, and CBSE.

By Mary Liu

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Link: Compared With Coinbase IPO Stock, Messari Founder Was More Optimistic About BTC   [Copy]
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