Indeed, it is puzzling why Coinbase, of all bitcon companies, is getting so much investment. Perhaps it is going to be more than just a bitcoin payment processor?
On your model, they are going to be installing a bunch of ATMs.Quote
By the way, tell us again how in your view Warren Buffett is stupid and ill-informed.
I have no such views. Buffett is not in a position to understand bitcoin, and he knows it. Thus he stays away from the space, and wisely advises the same for those equally placed.