For all these services, Coinbase charges a variety of commissions, functioning as the classic “toll booth” on the trading superhighway it built.
Developed in 2009 as an unregulated, decentralized payment system that bypasses banks and other middlemen, bitcoin has become perhaps the definitive example of financial speculation.
Bread. Cabbage. Dough. Green. Moolah. Scratch. Call it what you will—it makes the world go round. But the day is rapidly nearing when consumers need never get their hands sullied by filthy lucre again—mostly because they will never see it.