I woke up on Dec 17 2020 with a question. So I did what most people do when they want an answer, I asked Google.
"Hey Google, is Coinbase a publicly-traded company?"
I learned that it was not, but that in July they had made comments about possibly going public.
I set a Google alert on my phone to notify me of any articles that included 'Coinbase.'
That night while taking out the trash I got an alert, Coinbase announced they were submitting paperwork to the Security Exchange Commission (SEC) to have an initial public offering (IPO).
I called the next day to start the process to refinance my house to lower my interest rate, lower my monthly payment, and pull out equity to invest in Coinbase, Bitcoin (BTC), and other cryptocurrencies.
Few times have I been more confident that this was an investment opportunity I did not want to miss, this is a once-in-a-lifetime moment.
Sadly there wasn't a lot I could do knowing they would be going public. I could not figure out how to get access to trade on the secondary market, so I sat back and waited with everyone else. Oh, and I bought BTC, ATRI, ETH, and other cryptocurrencies, and cryptocurrency-related stocks.
Every day more big news is coming out about adoption and use by VISA, MasterCard, major banks, car companies, businesses, PayPal, the city of Miami, ETC.
As we approach 4/14/2021, the day Coinbase goes public, not through a traditional IPO, but rather a DPO, or direct listing with the ticker "COIN," I have money on two separate exchanges waiting to buy. I took the day off from work, and I plan to double down in the following days and weeks if the price drops.
I'm getting calls from friends, co-workers, and family asking me about Coinbase's DPO and if I think they should get in.
I don't think, I know 4/14/2021 will change global financial forever. It isn't the start, and there will be a way to go, but it will be the single moment history will look back on as the day the US and the world moved toward a new financial system based on blockchain technology.
This is going to be the hottest DPO or IPO in history. EVERYONE will be talking about Coinbase and cryptocurrencies.
I don't know what is going to happen for sure. We are in very uncertain times, and the whole global economic system is overvalued and overpriced.
Will the market crash?
Will BTC and crypto replace the current system?
One thing I am positive about, cryptocurrency isn't going away, it is here for the long haul and I'm going to be in from the beginning.
Sign up for a free Coinbase account and get $10 in free Bitcoin. Also if you use my link I will also get $10 for a referral.
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