Oddbean new post about login | logout Oh God... https://cryptoslate.com/coinbase-launches-coin50-index-to-rival-sp-500-in-crypto-markets/
And so it begins…
Shitcoins. Shitcoins everywhere. The COIN50 currently weighs 50.3% of its distribution in Bitcoin (BTC), 27.5% in Ethereum (ETH), 6.4% in Solana (SOL), 3.1% in XRP, and 1.5% in Dogecoin (DOGE), while the remaining 45 coins are allocated only 11.2%.
Stay tuned for the COIN50 ETF!
This will be the new CBDC in 20yrs? I'd rather just own my own bitcoin.