—Read Here— Coinbase CFO, Alesia Haas, appeared on “Mad Money” answering a range of questions from Jim Cramer.
Here’s some quick takeaways: She said crypto “is here to stay” but concedes that it’s still very volatile citing price movements emerging out of tweets and “one off headlines.”
When asked about regulation of cryptos she took a position that might surprise some by endorsing regulation and saying that Coinbase sees it as a “benefit to our business and not a burden.”
She asserted that it can heighten trust and increase perceived legitimacy.
Finally, when asked about the increase of completion in the market she said she happily welcomes it.
“Three years ago when we were the only crypto company, we were a little lonely out there,” said Haas, “so now that we see most fintechs embracing crypto and large financial services players, it just really says that crypto has arrived, like this is becoming mainstream this is here to stay, yet it is evolving.”
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