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Twelve years ago, bought an engagement ring with
BTC
from Reed's Jewelers. They were offering a 2% discount for BTC payments and wanted to support their Coinbase integration.
Best and worst purchase ever.
#BTC
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Coinbase mentioned Ethereum once and Bitcoin 69+ times at a conference this week. Why? Ethereum is still punk rock. There’s not a strong narrative around it and there’s no coordinated corporate interests shilling it loudly. There’s still many open questions about ETH. It’s not yet obvious, and this is a great thing. When Coinbase mentions it 69+ times at a conference, the upside won’t be as high.
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Coinbase mentioned Ethereum once and Bitcoin 69+ times at a conference this week. Why? Ethereum is still punk rock. There’s not a strong narrative around it and there’s no coordinated corporate interests shilling it loudly. There’s still many open questions about ETH. It’s not yet obvious, and this is a great thing. When Coinbase mentions it 69+!times at a conference, the upside will no longer be as high.
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Robinhood, Coinbase, DraftKings and FanDuel all spend over $500M a year in marketing. Polymarket brand awareness relative to marketing spend is insane.
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Twelve years ago, bought an engagement ring with BTC from Reed's Jewelers. They were offering a 2% discount for BTC payments and wanted to support their Coinbase integration. Worst purchase ever.
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The vision at Coinbase in 2013 was every merchant would use crypto for online payments. The vision is now here. We thought it would be Bitcoin, but its stablecoins on Ethereum.
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