In this article, the author criticizes cryptocurrency exchange Coinbase for not investing in Bitcoin and instead pursuing share buybacks. The author argues that Coinbase should follow the example of companies like MicroStrategy, who have bought Bitcoin for their corporate reserves. They suggest that Coinbase should allocate $1 billion towards Bitcoin to show their confidence in the cryptocurrency's future and to align their interests with shareholders. The author emphasizes that Coinbase has been in the industry since 2012 and could have benefited greatly if they had invested in Bitcoin earlier. They conclude by urging Coinbase to prioritize Bitcoin and go all-in on the cryptocurrency.



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