Coinbase’s Wild Ride: From Crypto Exchange to Financial Circus 🎪
The most conspicuous transformation occurred in Coinbase’s U.S. derivatives operation, where futures trading shed its limitations like a bureaucrat shedding his principles. By introducing perpetual futures-those peculiar instruments that trade endlessly like a government clerk’s complaints-Coinbase bridged the gap between U.S. and offshore platforms, much to the dismay of anyone who enjoyed sleeping.


