Mess0M
04-19

$Coinbase Global, Inc.(COIN)$ Two of my biggest holdings are Tesla and Coinbase. TSLA and COIN

Last year when COIN was trading at $35, the narrative was it’s just a crypto exchange and that the fees will compress to zero

The secret here is that COIN is not just an exchange, it’s a compliance first, highly secured exchange and a doorway for people to step into the world of crypto - to buy/sell and use crypto

Coinbase’s moat is regulatory friendly, security and easy UX

When you think about it this way, the whole TAM for COIN changes

COIN is trading at $218, 6x from last year

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