Beanie

There's really nothing more uninteresting than crypto. It's impossible to get rich without selling your soul. There's no liquidity anymore. The tech actually being used is very mundane and boring stablecoins. Which's designed to be mundane and boring. It works. Nothing else does.

Brian sells on average 500,000 $COIN shares a year since the direct listing because he wants more people to own it. Brian Armstrong @brian_armstrong 19h As a public company CEO, I'm pro tokenization of our stock for a simple reason: I want more people to own it. Why would I alienate a potential new category of shareholders? It's just bad business. Meet the customer where they are.

$SNAP is in kind of a paradoxial situation because I think most people think the founder who is the CEO still is a visionary and not doing a terrible job running the company. But at the same time he's out there max extracting from shareholders with the worst governance possible.

Just over a year ago Coinbase bought Echo for $375 million and literally never did anything with it other than farm some clout from its CT famous founder. Meanwhile $COIN down over 60% in the same period of time and the CEO or any other exec or board hasn't bought a single share.