Join Bitcoin University Premium:https://www.bitcoinuniversity.comIn this video, I discuss the bond market pricing in a Coinbase bankruptcy.Coinbase has a large amount of debt and negative free cash flow. When you combine this with the possibility that it loses access to the US customer market, there is a good chance that this stock is a zero.Coinbase bonds are already indicating such an outcome, trading at junk yields.I think it's a good idea to remove all fiat cash and Bitcoin from the platform-- unless you want to end up being included as one of the creditors, as happened with BlockFi and Celsius.Not investment advice! Consult a financial advisor. Coinbase bonds are trading as junk:https://www.boerse-frankfurt.de/bond/usu19328aa89-coinbase-global-inc-3-375-21-28Coinbase and Cardano Rekt (Breaking News):https://www.youtube.com/watch?v=Ct8_fGYa2Hc&ab_channel=BitcoinUniversityCOIN financials:https://finance.yahoo.com/quote/COIN/financials?p=COINhttps://finance.yahoo.com/quote/COIN/balance-sheet?p=COINhttps://finance.yahoo.com/quote/COIN/cash-flow?p=COINBrian Armstrong squirms:https://twitter.com/JonDeritis/status/1667990344015949825Coinbase listed its own VC tokens on the exchange:https://twitter.com/Pledditor/status/1667678324582219778Coinbase considers moving to the UAE:https://www.reuters.com/technology/coinbase-considers-uae-potential-international-hub-2023-05-08/The only problem is that all of their customers are in the US:https://s27.q4cdn.com/397450999/files/doc_financials/2023/q1/e02f6e36-2945-4ee0-b947-e85b94ebbcd9.pdfI am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #coinbase #crypto Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=W8hAmQW-aPI