Coinbase, Exchanges

Does Barry Silbert Own Coinbase?

Barry Silbert is the founder and CEO of Digital Currency Group, a venture capital firm that invests in blockchain technologies. He is also a founding member of the Bitcoin Foundation.

In 2013, he launched the Bitcoin Investment Trust, an investment vehicle for bitcoin.

silbert has been a long-time advocate for bitcoin and blockchain technology. In a 2016 interview with Fortune, he said that he believed that bitcoin would eventually become the “single global currency.”

NOTE: This article is for informational purposes only and should not be taken as professional financial advice. It is important to note that Barry Silbert does not own Coinbase, and any information found online regarding his possible ownership of Coinbase should be treated with caution. It is also important to remember that investing in cryptocurrency can be a high-risk endeavor, and it is important to research the market thoroughly before making any investments.

However, Silbert’s views on bitcoin and blockchain technology are not always in alignment with those of Coinbase, the largest cryptocurrency exchange in the United States. In 2017, Silbert publicly criticized Coinbase for its decision to list only four cryptocurrencies on its platform: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

In 2018, Silbert was critical of Coinbase’s decision to add support for Ethereum Classic, a fork of Ethereum. Silbert argued that Ethereum Classic did not have the same level of developer activity or community support as Ethereum.

In 2019, Silbert was again critical of Coinbase when the exchange announced that it was exploring adding five new cryptocurrencies to its platform: Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x. Silbert argued that these coins were not “proven or battle-tested” like Bitcoin and Ethereum.

So does Barry Silbert own Coinbase? The answer is no. While Silbert is a well-known investor in cryptocurrency and blockchain technology companies, he does not have any ownership stake in Coinbase.

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