Tom Schmidt

But the question is just like, hey, can they actually get people to treat them as the everything exchange?

And when they wake up in the morning and they want to, you know, go buy some SpaceX,

Are they going to think I'm going to go to Coinbase or are they going to think I'm going to go to Robinhood or Fidelity or whatever my other brokerage is?

And, you know, to compete, at least you need something special to get people.

Yeah, I do always think, too, I think they could use a little bit of a rebrand.

Oh, I mean, that I feel like is always every two months they're moving things around.

I think more weirdly enough, I think base would have been a great rebrand for Coinbase versus base the chain.

You know, when you're thinking about going to Coinbase,

The name really says it all.

You were probably thinking about trading some coins versus maybe thinking about getting a mortgage or maybe thinking about opening a 401k, but a little minor nit.

Yeah, I think that's, you know, probably a much bigger audience today and seems to be the way even the crypto world is going.

Or if anything, I think it's more maybe more bifurcating where, you know, stable coins are very hot.

So maybe they should call it stable coin base and do the other rebrand.

Yeah, again, it's been something that's been long promised.

And it's cool to also see just the real adoption, I think, about builders in the space.

And there have been a lot of false starts throughout the years, not for any particular reason.

But, hey, just the market wasn't there.

The liquidity wasn't there.

The demand wasn't there.

And now people see, oh, if I want to live my entire financial life on-chain, I probably also want privacy.