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Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’

Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back i...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear that there was not a case […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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