Market Report: CAN COINBASE GO BANKRUPT?
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 29 July 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this Market Report we talked about Coinbase's future and the possibility of the company going bankrupt. Terrence J also spoke about Miami and the wave of people coming in recent years. #coinbase #crypto #earnyourleisure
Link to episode: https://youtu.be/Bd01wzXlS9g
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Transcript
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| 0:00.0 | So in, let me ask you this, Coinbase is shutting down |
| 0:03.6 | their affiliate program on July 19th. |
| 0:06.3 | What exactly does that even mean? |
| 0:09.0 | I hate to say it, and I know you guys hate some of my, |
| 0:13.0 | takes on crypto at times, but if they are shutting down |
| 0:16.1 | their affiliate program and Coinbase Pro, |
| 0:19.2 | it is a high chance that Coinbase may be in Sovinson. |
| 0:23.3 | So we've seen three else have issues, Tere Luna. |
| 0:26.5 | So if, let's say if I bring Terence to deal, |
| 0:29.7 | and I'm like, hey, here's the deal for 10 million, |
| 0:32.2 | will you give me one? |
| 0:33.8 | He's like, yes, I got you. |
| 0:34.8 | That's the exact same. |
| 0:35.6 | I'm keeping nine million. |
| 0:36.5 | If a person won't pay you that one million, |
| 0:38.6 | that's because they already go to the people. |
| 0:41.0 | So we've seen this before historically, |
| 0:43.4 | that when people won't pay out their business partners, |
| 0:45.6 | vendors or affiliates, that's the correct answer. |
| 0:48.8 | I don't want this to happen because the extension level |
| 0:52.7 | of event that can happen as a result |
| 0:54.7 | will be catastrophic for crypto. |
... |
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