Coinbase earnings call
The main point I want to make here is that this is all so dumb and I hate it. Kalshi, a commodities futures exchange registered with the US Commodity Futures Trading Commission, offers contracts on various unconventional commodities like election outcomes and football games. Last month you could buy futures contracts on commodities like a Coinbase Global Inc. representative saying the words “prediction market” or “Bitcoin” or “Web3” on its third quarter earnings call. Why? I don’t know. To hedge your risk that Coinbase wouldn’t say those words? To help people understand and price the future states of the ...
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