Why I’d rather invest in Bitcoin than Coin stock

Last week, Coinbase stock had its direct listing in the US stock market. It arrived with great fanfare; an all time high in the price of Bitcoin and Ethereum and with tremendous forward looking estimates from analysts and wall street cheerleaders. This is an important step in legitimizing cryptocurrency and will have a big impact on the space for years as it has now found another way into America’s financial literacy. By having Bitcoin on Tesla, Microstrategy, Square, and other corporate balance sheets, Bitcoin has now been accepted by institutions. And we have seen the…